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Amr_m
Jun 18, 2023 6:25 PM

Short AUDNZDΒ Short

Australian Dollar/New Zealand DollarFXCM

Description

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Direction: ShortπŸ”»
RRR: 1:2.5
Reason: Technical & momentum/oscillator indicators πŸ“Š
TimeFrames: Both 4h and 8h πŸ•‘
πŸ“ Analysis: 1.10 was always a key level for this pair, the latest rally that started last 24th of May from 1.085 crashed on this level three times last week, even if the pair will breakout this level it must visit lower levels to catch up with momentum to break such an important level.

🌠I would rate this setup 3.5/5

🌠There might be a better entry point than this published in this Idea, but I am trying to avoid missing out.

Trade active

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Trade active

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Trade active

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Comment

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I don't know if it's worth it to keep until the full target, I am not saying it won't hit it, but it will take time I can invest this money in a faster trade setup maybe!!!

Trade closed: target reached

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Comments
InkyGrip
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I agree AUDNZD will fall
Amr_m
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u wlcm
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