Hello Traders !
Today we have a nice trading day !
USD is weak and most of the pairs like GBP/USD , AUD/USD are all the way up !
This could be change when US Stock Market will open up .
For today I will bring you this trade, a short idea in my opinion and I tell you why
AUDNZD entered in this low area in November 2018 and stay there, try several times to make a way the break that zone at 1.08800- 1.0700 but without any success.
So as you can see, if you switch to Daily or Weekly TF you can see a solid resistence at 1.07180 / 1.07200, everytime in last weeks when price come to this level, it was rejected, also we have that double top on daily from May.
Personally I will be a seller on this pair at this time and also until the pair will break up the zone from November and also 1.08900.
You can join this trade using next information :
You can entry at 1.07170 and also you can entry now if your appetite for risk is higher or you can wait.
Put your SL at 1.07250
TAKE PROFIT @ 1.06900.
Depends on your entry, this trade can bring you 2+ 2.5 + R/R
Soon I will launch the telegram channel and I will inform you about that and there I will continue my work from trading view and offer live oportunities for you !
Take care and stay safe !
Have a great day and a productive week !
Today we have a nice trading day !
USD is weak and most of the pairs like GBP/USD , AUD/USD are all the way up !
This could be change when US Stock Market will open up .
For today I will bring you this trade, a short idea in my opinion and I tell you why
AUDNZD entered in this low area in November 2018 and stay there, try several times to make a way the break that zone at 1.08800- 1.0700 but without any success.
So as you can see, if you switch to Daily or Weekly TF you can see a solid resistence at 1.07180 / 1.07200, everytime in last weeks when price come to this level, it was rejected, also we have that double top on daily from May.
Personally I will be a seller on this pair at this time and also until the pair will break up the zone from November and also 1.08900.
You can join this trade using next information :
You can entry at 1.07170 and also you can entry now if your appetite for risk is higher or you can wait.
Put your SL at 1.07250
TAKE PROFIT @ 1.06900.
Depends on your entry, this trade can bring you 2+ 2.5 + R/R
Soon I will launch the telegram channel and I will inform you about that and there I will continue my work from trading view and offer live oportunities for you !
Take care and stay safe !
Have a great day and a productive week !
Trade closed: stop reached:
Sorry guys !
Tomorrow will be better for sure !
I hope some of you took some profit also from this trade, even a small part of that !
Tomorrow will be better for sure !
I hope some of you took some profit also from this trade, even a small part of that !