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themikewwfx

AUDNZD - Weekly Tweezer Tops

Short
Australian Dollar / New Zealand Dollar (FX_IDC:AUDNZD)  
themikewwfx Updated   
FX_IDC:AUDNZD   Australian Dollar / New Zealand Dollar
Forex priceaction Tweezer Tops nakedforex nakedtrading Support and Resistance short AUDNZD riskreward
5
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forex priceaction tweezertops nakedforex nakedtrading supportandresistance short audnzd riskreward
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.
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