jojofang0901

AUDNZD continue short from here

Short
jojofang0901 Updated   
OANDA:AUDNZD   Australian Dollar / New Zealand Dollar
Hi traders:

Here on AUDNZD, we have a completion of a deeper correction.

Price initially broke out of the channel from the double tops from higher time frame, and had a strong bearish move to the downside.

That kind of bearish momentum do need a more complex correction to form and complete before more short opportunities can be taken.

I see a smaller correction currently forming, and I will wait to see a breakout and add in the trade.

Thank you
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