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Hameedfx
Aug 14, 2019 8:19 AM

AUDNZD Bearish Opportunity Short

Australian Dollar/New Zealand DollarFXCM

Description

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

Trade active

Comment

Move SL to 1.0550

Trade closed: stop reached

lost 50 pips
Comments
Kaetea_Ng
Great resistance level to go short. :)
Hameedfx
@Kaetea_Ng, Yeah, I have been waiting for this level since one month.
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