AUDNZD Short Opportunity

FX:AUDNZD   Australian Dollar / New Zealand Dollar
574 12 32
The pair has seen strong resistance at this level over the past few years.

Combined with 4H RSI divergence recently in overbought territory this could be a great opportunity for a huge short or series of shorts.

The shown order is pending as a sell stop but I may adjust the order depending on the price action around the trend support (green line).

My first TP is shown for an R:R of 3.51 but I may remove the TP and secure profit along the way down at certain milestones and ride this short for a while.
Trade active
Comment: Profit Secured. SL moved to Fib (Red/Yellow border)
Trade closed: target reached
Quite accurate.
great one :)
Excellent analysis
QuileHills Bwstrading
Thank you. I appreciate it.
go buy your lambo now
Nice Trade...Thx
SL secured. Nice quick trade. Thanks Kyle. Thumbs up.
Please switch to weekly chart and zoom out. Have you seen reverse head and shoulders between January 2014 and today? Weekly close above 1.1275-1.1300 is extremely bullish with 1.2500-1.2600 target.
Look so clear
Trade triggered.
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