AUDNZD Bearish Basic Structure

FX:AUDNZD   Australian Dollar / New Zealand Dollar
Simple short trade on the AUDNZD here, price has been making lower highs and lower lows on the 4H timeframe. Decide to place 2 limit orders on the 0.618 and 0.786 RETRACEMENT OF XA.

Identified possible areas of reversal as my profit targets. Shooting for extended targets.


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