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jasonscott96752
Oct 8, 2020 6:39 PM

AUDNZD SWING SHORT [MULTIPLE TIME-FRAME] (HEADS UP!!!) Short

Australian Dollar/New Zealand DollarFXCM

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HEADS UP ON AUDNZD... READ FULL CONFLUENCE 👇
HIT THE LIKE BUTTON BUTTON IF THIS WAS USEFUL TO YOU..
I EXPECT A BULLISH MOVE FIRST BEFORE THE OVERALL BEARISH MOVEMENT.
** REASONS ARE, THE MARKET HAS BROKEN A STRONG TRENDLINE, SHIFTING FROM AN OVERALL BUYING MARKET TO A SELLING ONE.
** WE CAN CLEARLY SEE FROM A WEEKLY PERSPECTIVE THAT THE MARKET IS STUCK IN A RANGE
** IF IT GOES UP TO MY 78.6 FIB LEVEL TO RETEST THE SUPPLY ZONE, IT'LL BE CREATING WHAT SEEMS TO BE A DOUBLE TOP FORMATION, GIVING ME AN EXTRA CONFLUENCE FOR A BEARISH MOVE
** AS A SWING TRADER, I ALWAYS ADVICE MY STUDENTS TO USE PROPER RISK MANAGEMENT, TO WITHSTAND MARKET DRAWDOWNS, GOODLUCK.
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