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Kanweezy
Sep 9, 2020 5:53 AM

AUDNZD SHORT - 1/4 RR Short

AUD/NZDOANDA

Description

We have just recently hit a major weekly supply zone and sold off.
Pullback up on the recent leg down to 61.8% re-tracement. Also seeing some confluence at this levels testing 4 hour supply zone.
Looking at a 30SL / 120 TP

Long term target will be near the blue weekly demand zone around 1.07. Will be looking to go long there.
Comments
VasilyTrader
Very helpful! Thanks a lot!
What do you think about my analysis:
Kanweezy
@VasilyPonomarev, Looks great man! Good luck
Cryptoforexmarket
Agree
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