AUDNZD is approaching R3 major resistance level and is overextended past monthly R3. Looking for correction short setup here. R1 looks to provide quite some support, wait for that bounce to happen and then take the short towards R2 monthly support.
I'll update this once the chart is clear when and where to enter.
I'll update this once the chart is clear when and where to enter.
Comment:
Possible entry for the short, watch the blue line (support zone) when price is close
Trade active:
its off
Comment:
Adding on, momentum is good
Trade closed manually:
Took profit yesterday just above S2