AUDNZD - I think it will drop again. Short

Australian Dollar/New Zealand DollarFXCM

Description

⋅ Aug 8, 2016 9:20 AM

We got a small risk trade here.

⋅ Aug 12, 2016 9:23 AM

TP1 and TP2 are reached, happy for those who followed :)

Comments

ReneK

⋅ Aug 12, 2016 9:28 AM

Nice job! You can entry for buy when it comes above the trend line for long because it's still a uptrend

HustleSeason

⋅ Aug 12, 2016 9:33 AM

Thank you! On the bigger picture it is in corrective structure right now, I will buy only when it breaks resistance line and makes consolidation.

KrzysztofStanislawski

⋅ Aug 8, 2016 5:36 PM

Rather, today will not work and continue up

HustleSeason

⋅ Aug 12, 2016 9:27 AM

I placed sell entry order at 1.07000. As you can see it went to Tp2 perfectly :)