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HayatoDragonFX

AUDNZD, 4hr tf, sell below the kumo cloud

Short
Australian Dollar / New Zealand Dollar (FX:AUDNZD)  
HayatoDragonFX  
FX:AUDNZD   Australian Dollar / New Zealand Dollar
Trend Analysis Chart Patterns Technical Indicators AUDNZD audnzdshort audnzdforecast audnzdsell ichimokukinkohyo ichimokuforex
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trendanalysis chartpattern indicator audnzd audnzdshort audnzdforecast audnzdsell ichimokukinkohyo ichimokuforex
Hello everyone,

For today i am going to take sell AUDNZD positon as there is a potential for further downside.

Price now moving below the kumo cloud and parabolic SAR above the price indicating sell pressure. Also noticed there is a small shoulders head pattern on this pair and price already brken below the neckline.

I also add 200-EMA and price below this EMA after breakin it twice.

Sell AUDNZD 1.0870
Stop loss 1.0920
Take profit 1 @1.0810
Take profit 2 @1.0745

RR ratio is 1 : 2.5
Use only 1-2% risk
Good luck

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AUDNZD, 4hr tf, sell below the kumo cloud updated
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