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MatrixBits
Jul 11, 2018 11:42 AM

AUDNZD short to 1.06 area Short

Australian Dollar/New Zealand DollarFXCM

Description

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.
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