AUD/NZD Continued Short
Looking for a continued short in the AUD/NZD, Daily is continuing down within its channel.
4h is performing an ABC pullback in a triangle formation, a break of this will show a continuation to the downside.
Will be entering the trade on the break of B wave, short trade down to the support level where i am expecting a bounce
4h is performing an ABC pullback in a triangle formation, a break of this will show a continuation to the downside.
Will be entering the trade on the break of B wave, short trade down to the support level where i am expecting a bounce
Note
Price has now broken out of the triangle formation.Still waiting for the break of B wave before this trade becomes active
Trade active
Broken B wave and heading for daily support levelTrade closed manually
Trade took a big turnTrade closed: target reached
Note
Notice the bounce off the daily support
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