AUDNZD:Could Provide a Trading Signal - Update
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 @
twitter.com/thefxchannel
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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 ;)
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 @
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 ;)
