With reference to our previous analysis about AUDNZD posted on 7th August 2019 as a bearish Probability, The price is now ready to go short.
It formed an inside bar on H4 time frame exactly at Weekly (1.0521) and Monthly (1.0544) Highs.
Signal
Sell Stop @ 1.0500
SL 1.0540
TP 1.0420
It formed an inside bar on H4 time frame exactly at Weekly (1.0521) and Monthly (1.0544) Highs.
Signal
Sell Stop @ 1.0500
SL 1.0540
TP 1.0420
Trade active
Comment:
Move SL to 1.0550
Trade closed: stop reached:
lost 50 pips
