MatrixBits

AUDNZD short to 1.06 area

Short
MatrixBits Updated   
FX:AUDNZD   Australian Dollar / New Zealand Dollar
New Zealand dollar is very bullish and AUDNZD has dropped more than 30 pips. Should continue to remain short.
Trade active:
-Shaking bulls but opened short at 1.09037
Trade looks 90% red and think it should drop.

I entered yesterday at 1.09200 so my exit is 1.09360
Comment:
Head and Shoulders Bearish formed on 2-weeks with Bearish Doji and 4-weeks. Down Trend!
Comment:
2 grave stone Dojis on the daily. Shouldn’t be much longer.
Trade closed: stop reached
Comment:
Broke my 200 Day moving average on daily, H4, and hourly. Taking this as a long.

I am only a speculative trader and this is not financial advise on trades.

- If you are losing money close the trade

- Start with .03-.05 units and learn to manage risk

- Don't take profits too early cheers!


MatrixBits
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