AUDNZD 170 pips short setup - 1:3 risk to reward

I'm not going to enter this trade until i see breakout of the support line. After breakout, i will wait for the pullback and will go short after i see the price-action.

This is a 1:3 risk-reward setup which means a bit risky one. I'm going to risk 2% of my account balance for this trade. There are some strong supports. I may close and re-enter but not sure yet.

Enter: 1.06785
SL: 1.07325 / 54 pips
TP1: 1.06160 / 62 pips
TP2: 1.05890 / 89 pips
TP3: 1.05095 / 169 pips

Note that this is not financial advice.

Trade safe,
Atilla

Trade active:

Covered half and Moved SL to breakeven

Trade closed: target reached:

Target reached