Dear traders,
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!
Trade with your own diligence,
GL HF
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!
Trade with your own diligence,
GL HF
Note
Closed 25%TP1! Don't touch SL.Note
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.
Note
Seems good so far. Let's see.Note
Closed 25%TP2 few days ago. SL@BE.Note
If you're not in already, and believe in this signal, this is a good opportunity to add or to enter.Trade closed: stop reached
SLbe hit! That was not a good idea to re-enter... False breakout and doji combo!Might open a long.
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Related publications
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.