Fxprotrader

AUDNZD High Probability Sell Setup

Short
FX:AUDNZD   Australian Dollar / New Zealand Dollar
225 views
10
Price is testing a very strong resistance level . In RSI we see a bearish divergence showing that a possible reversal is about to happen. We can wait for a bearish harmonic pattern to form in a lower timeframe or a more aggressive approach would be to enter now the market with stoploss and profit targets as shown at the chart. If price reaches the first target we should move stoploss to breakeven at the rest of the positions.

Like and comment if you agree!

Comments

4hr doji candle at heart of resistance..... retracement on way...!!
+1 Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out