TradingWITS

AUD/NZD Continued Short

Short
TradingWITS Updated   
FX:AUDNZD   Australian Dollar / New Zealand Dollar
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
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.