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dante24
May 26, 2017 10:35 AM

Long AUDNZD; short short! term hourly reversal  Long

AUSTRALIAN DOLLAR / NEW ZEALAND DOLLARICE

Description

Sellers still in control of market but showing some weakness as bearish bars are getting smaller followed by doji/pin and then bullish confirmation candle.

Bigger time frames are in strong downtrend (4 hour/daily) so very small lot and mostly to test a doji/pin theory.

target is purple line

Trade active

Trade closed: stop reached

Comment

Not a high probability trade as expected. Will continue to test this theory out in small lots but with better odds in my favour
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