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Hameedfx

AUDNZD Bearish Probability

Short
Australian Dollar / New Zealand Dollar (FX:AUDNZD)  
Hameedfx Updated   
FX:AUDNZD   Australian Dollar / New Zealand Dollar
Support and Resistance Supply and Demand Trend Lines
3
0
supportandresistance supplyanddemand trendline
Whenever a pair move rapidly on Daily Time frame I always look for 2nd confirmation on H4 time frame... We are witnessing that the pair is still in bearish trend.... It may now get some reversal but we need a second retracement to go short in this pair on that Key level once again. We will look for another candlestick confirmation on H4 chart to sell AUDNZD.

Stay tuned for a possible short signal in this pair.
Comment:
Now the price has retouched our resistance @ 1.0494 and formed an inside bar which is the opportunity to signal short...

Signal
Sell Stop @ 1.0455
SL 1.0500
TP 1.0380
Comment:
cancelled the pending order... we will post another opportunity latar

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Hameedfx
AUDNZD Bearish Opportunity
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