matt_forex

Hourly Pin bar. Intraday short

Short
FX:AUDNZD   Australian Dollar / New Zealand Dollar
1
A nice pin bar developed after the recent move up.

With a break of both 1.26421hourly support zone and the 20ma enter short, with a stop above daily resistance zone at 1.26641.

First target at the .385 fib retracement taken from the most recent move up, once this target is reached move stop to B/E,

Also, I do not usually use RSI , but I did notice some divergence.

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