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KhanBaba786
Mar 31, 2017 7:53 PM

AUDNZD Perfect Short opprotunity and Analysis  Short

Australian Dollar/New Zealand DollarFXCM

Description

Two scenerio conform our view on Audnzd ,,,,
First ,,he made elliotwave pattern and now in elliotwave corrective move B to C,,,C corrective move complete at 1.0700 ,,,,
2ND ,,,he maade ABCD Pattern ,,,From top 1.1000 to 1.800 and then according to bc retracement ,pair going to 1.0700 level........nzdusd also bullish ,,,,sell from 1.0950 and tp 1 is 1.0800 and tp 2 1.0700
Also Show shooting star in Daily candle on 78.6 fibo level ,, that also conform the bearish trend in Audnzd ,,,
Also audnzd breaking trendline on 30min chart
Prefer to sell from 1.0950 and tp1 is 1.0800 and tp2 is 1.0700
Good luck

Comment

tp1 hitted ,,,2nd trade hold for tp2

Trade closed: target reached

tp 2 hitted
Comments
jojofang0901
Nice trade setup, thank you for sharing your view on this pair. I have same idea as well.
KhanBaba786
@jojofang0901, you are very late bro ,, i sell from 1.0950 and 1.0930 ... and 1st tp is 1.0750 and 1.0700
jojofang0901
@KhanBaba786, Cool, nice catch. :)
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