AUDNZD - Short Idea
Updated
This is a weekly chart with price making a "dark cloud cover" pattern, that's what it's called.
Weekly chart, we have seen the 50% fib retracement already, 2:1 looks like a tight one, but good for a bounce atleast, I would assume.
1% Risk. 2:1RR
Weekly chart, we have seen the 50% fib retracement already, 2:1 looks like a tight one, but good for a bounce atleast, I would assume.
1% Risk. 2:1RR
Trade active
70 pips into profit. Let's see what the coming days offer.Trade active
Took a little while, it was a weekly chart after all. Off we go!Trade active
It's a weekly chart! takes some time.Trade closed manually
There you go, trading a weekly chart.. took...surprisingly.. weeks.
I moderate a small community 4 traders, analyzing weekly charts, and discussing trade setups. Focusing on psychology.
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.