patelsa
Short

AUDNZD - For those who missed the initial impulse

FX:AUDNZD   Australian Dollar/New Zealand Dollar
62 1 16
AUDNZD             had a rather quick impulse down today. It looks like price is currently consolidating this move. There could be an opportunity to enter short again.

Watch for divergence on a lower timeframe around the 38.2/50 fib level. Or you could enter on the break of the consolidated candles.

TP - 27 fib, which more-or-less lines up with the bottom of the channel

Minimise risk, protect your profit, most importantly - trust your strategy. Good luck traders :-)
tommsen PRO
a year ago
i would be cautios. We made a lower low with divergence already.
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