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AMITDANGI

AUD-NZD HEAD AND SHOULDERS SELL OPPORTUNITY

Short
Australian Dollar / New Zealand Dollar (FX:AUDNZD)  
AMITDANGI  
FX:AUDNZD   Australian Dollar / New Zealand Dollar
Head and Shoulders
9
0
headandshoulders
AUD-NZD PAIR MAY FORM HEAD AND SHOULDERS FORMATION ON H-1 CHART. CURRENTLY IT IS TRADING NEAR RIGHT SHOULDER OF POTENTIAL HEAD AND SHOULDERS FORMATION. WHICH GIVES US SELL OPPORTUNITY WITH BEST RISK REWARDS.

SELL ENTRY: 1.0710
STOP LOSS: 1.0760
TARGET-1: 1.0675
TARGET-2: 1.0635

AGGRESSIVE TRADERS CAN ADJUST THEIR STOP RIGHT ABOVE CURRENT SWING (POTENTIAL RIGHT SHOULDER) AROUND 1.0745.
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