themikewwfx
Short

AUDNZD - Weekly Tweezer Tops

FX_IDC:AUDNZD   Australian Dollar/New Zealand Dollar
Just checking up on my charts for the week and after the close for the weekend before we got a tidy set of tweezer tops on some strong resistance on 1.3000.

I'm only going to look for a 1:1 RR on this trade because I'm going counter trend on this as we've just had a breakout past the long term bearish trend line shown.

Looking for price to retrace back down to my bullish trend line and support at 0.0925 and go long on a proper price action set up. (yellow zone)
Comment: Sorry guys, Published two of the same ideas. I didn't like the thumbnail on the first post and then realized that we apparently can't delete previous posts. My mistake!

MikeW
Trade closed manually: Closed out this trade for 1% profit. I wasn't liking the price action forming and wanted to limit my exposure to AUD as i've already got running trades on AUDCHF, and AUDJPY which are forming up much better.
Sorry guys, Published two of the same ideas. I didn't like the thumbnail on the first post and then realized that we apparently can't delete previous posts. My mistake!

MikeW
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