AUDNZD SHORT, DAILY
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.
I moderate a small community 4 traders, analyzing weekly charts, and discussing trade setups. Focusing on psychology.
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