Technician
Short

AUDNZD:Could Provide a Trading Signal - Update

FX:AUDNZD   Australian Dollar/New Zealand Dollar
787 3 6
Update: Stopped out on this one.
Profit(pips)=-70

Following on my previous analysis in the link below, i am looking for a short term bearish wave as price could be forming a potential pin bar near the neckline for the broken head and shoulders . For further details check the link below.

Good Luck, Join me @
https://twitter.com/thefxchannel
---------------------------------------------------------
Trading Criteria:
1. Trades are taken in two units
2. First unit would be closed at first target
3. Stop loss is then moved to break-even
4. Second unit would be closed at second target
5. Note that If 90 percent of first target is reached without triggering entry, trade is cancelled
6. Remember: Losing is a main part of the game ;)
My trading ideas channel https://telegram.me/technician_forex_trades

Get your gift : https://thefxchannel.com

Skype: Technician - The forex channel
Awesome. TP hit at 1.0780 from 1.0655.

Very soon this monthly bear trend will turn into a bull trend.
We got the double bottom and head and shoulders in March.
Looks like we may be getting the "higher low" now in May, or it could be June, but its coming.

I'm betting huge on the AUDNZD back to 1.12 or 1.15.
Reply
Update: Stopped out on this one.
Reply
Profit(pips)=-70
Reply
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out