AUDNZD created a daily double-top (M) formation at a horizontal resistance zone. Price is retesting the M formation. I am looking to go short from this area, targeting 1.05000.
Be sure to follow me for more ideas and analyses. Please share your thoughts in the comments. All input is appreciated.
Best of luck traders!
*THIS IS NOT INVESTMENT ADVICE AND IS NOT IN ANY WAY INTENDED TO BE SUCH. THIS IS MERELY MY VIEWS ON THE MARKET AND IS FOR EDUCATIONAL PURPOSES ONLY. ALL POSITIONS ARE OPENED AT YOUR OWN DISCRETION AND AT YOUR OWN RISK*
Be sure to follow me for more ideas and analyses. Please share your thoughts in the comments. All input is appreciated.
Best of luck traders!
*THIS IS NOT INVESTMENT ADVICE AND IS NOT IN ANY WAY INTENDED TO BE SUCH. THIS IS MERELY MY VIEWS ON THE MARKET AND IS FOR EDUCATIONAL PURPOSES ONLY. ALL POSITIONS ARE OPENED AT YOUR OWN DISCRETION AND AT YOUR OWN RISK*