OANDA:AUDNZD   Australian Dollar / New Zealand Dollar
TF: 8 Hr

I think if price can fall out of the this rising megaphone pattern, than some selling will happen. I think a TP 1 could be at the .382 and 0.50 levels (in between them). If price really falls, than 0.618 would be a good level to exit and maybe re-enter long as price would be testing the a respected trend line
Comment:
If price falls out and retests/rejects, I will be looking to sell something like this
Comment:
Entered in, may close soon. Price seems to be hovering, if it doesn't reject and move down soon then I am out
Comment:
was stopped out, looking to re-enter
Comment:
Looking to re-enter around here
Comment:
Have not entered looking to soon tho...
Comment:
Idea looks invalidated for now

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.