Here is a new SHORT signal on AUDNZD : Entry : 1.09989 SL : 1.11435 TP1 : 1.09498 TP2 : 1.08448 TP3 : 1.07399 TP4 : 1.05905
Reasons for this short: Altough this pair is mainly bullish on higher TF like monthly, I'm looking for a short here because of PAC breakdown cleanly and major criteria respected for my strategy. I don't expect AUDNZD to correct this far but market shows no reason, so why not? RR is very good on this trade so as soon TP1 is hit (if it's hit), we will move SL to BE in order to get another free trade!
Seems like a retrace : TDI will be great to see where we are heading, if RSI50 and MA line holds then our short will be validated. We can't rule out chance that shakeout occurs above trend line but you never know.
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