Here is my breakdown of a potential AUDNZD short, It's broken south of a Head & Shoulders, pullback to retest and shows a strong deny on a daily candle. Watch out for opening news, I'd be waiting for a small pull up back to 1.04248 area, set stop above the 4 hour, 200 EMA, I'm showing two lower trendlines, these are pivot points I will be closly monitoring if we start seeing profit. Risking 1% of my account and aiming for a 2:1 Risk:Reward. - Happy Trading
Trade active
We went sideways for a little while...but this trade is developing nicely!
I moderate a small community 4 traders, analyzing weekly charts, and discussing trade setups. Focusing on psychology.
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.
I moderate a small community 4 traders, analyzing weekly charts, and discussing trade setups. Focusing on psychology.
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.