So AUDNZD is a pair I hate to trade. I hate trading that and EURCHF, but the current setup is just too good to miss. So how do we enter the trade?
Wait for a false break below the “false break line drawn” and put your stop loss below the false break candle. TP is given.
Risk reward here will be massive.
FYI 4hr is in momentum to the upside. Don’t be fooled by the bearish drop. It’s just banks accumulating
If you agree, please give this chart a thumbs up. If not please comment and let us all learn from you.
Thank you and good luck
Wait for a false break below the “false break line drawn” and put your stop loss below the false break candle. TP is given.
Risk reward here will be massive.
FYI 4hr is in momentum to the upside. Don’t be fooled by the bearish drop. It’s just banks accumulating
If you agree, please give this chart a thumbs up. If not please comment and let us all learn from you.
Thank you and good luck
Trade active
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.