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Jul 27, 2019 2:19 AM

AUD/NZD Continued Short Short

Australian Dollar/New Zealand DollarFXCM

Description

Looking for a continued short in the AUD/NZD, Daily is continuing down within its channel.
4h is performing an ABC pullback in a triangle formation, a break of this will show a continuation to the downside.
Will be entering the trade on the break of B wave, short trade down to the support level where i am expecting a bounce

Comment

Price has now broken out of the triangle formation.

Still waiting for the break of B wave before this trade becomes active

Trade active

Broken B wave and heading for daily support level

Trade closed manually

Trade took a big turn

Trade closed: target reached

Comment

Notice the bounce off the daily support
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