audnzd i will be looking to get a sell setup this week if price gives me a bit of a correctional movement which i will watch for on lower timeframes.. after it gets into my buy zone i will watch price action and if it cant break i will long. if price rallies, at 78.6 i will look to add more long positions. this is my trade plan for audnzd .
setup to short audnzd
entry: wait for price action
price did not correct. even better, it continued to make new structure high with very little momentum. when i noticed price at the top of the trendline i shorted at 1.06921. sl is a few pips above the new high
price break 1.05300 and then goes bearish.. i am no longer bullish