dseeley

AUDHKD Short 1-20-20 4:00 AM

Short
dseeley Updated   
OANDA:AUDHKD   AUD/HKD
AUDHKD is in a downtrend. Shorting at 5.34923. SL 5.35090. Target at 5.33890. Using 25,000 units. Score is 10.
Comment:
If this SZ does not hold there is another good SZ on the 15 min chart at Proximal 5.36344 and Distal 5.36528.
Order cancelled:
After more chart analysis I've decided that none of these Demand Zones have much freshness. Meaning that most orders have been used and they won't hold when price tests the zones. There fore I'm cancelling this trade and going on to something better.
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