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AvramisSwing
Feb 8, 2021 10:32 AM

AUD/NZD Possible Short Forming Short

Australian Dollar/New Zealand DollarFXCM

Description

Hi Traders

AUD/NZD (30M Timeframe suggesting a possible SHORT)

A medium to high probability, entry to go SHORT is forming @ 1.06435 after the market found resistance @ 1.06647. Only the upward break of 1.06647 would cancel this bearish scenario.

Trade details:

Entry: 1.06435
Stop loss: 1.06647
Take profit 1: 1.06327
Take profit 2: 106131
Take profit 3: 1.05812

Score: 6
Strategy: Bearish Trend Reversal

Order cancelled

Trade canceled. The market has broken our invalidation zone
Comments
Dave-FX-Hunter
Nice view, keep it up
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