AUD/NZD short position in the making
Hello traders,
Currently we are putting AUD/NZD on our watchlist for a short-trade somewhere today.
Expecting the market to make a small move up, catching the fish and hunting stoplosses.
After this small move up we should be breaking back structure level, you can see the lower orange area.
When we see a clear break of structure, put the entry point at the retest of this area and we are good to go.
Stoploss as always above the high, take profit as marked.
Kind regards,
Tim
Currently we are putting AUD/NZD on our watchlist for a short-trade somewhere today.
Expecting the market to make a small move up, catching the fish and hunting stoplosses.
After this small move up we should be breaking back structure level, you can see the lower orange area.
When we see a clear break of structure, put the entry point at the retest of this area and we are good to go.
Stoploss as always above the high, take profit as marked.
Kind regards,
Tim
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