AUDNZD - SHORT - Potential Opportunity at 1.04627

FX:AUDNZD   Australian Dollar / New Zealand Dollar
60 min chart

1.04627 has been a strong structure level in the long term.
Structure was broken, so this level may become new resistance.

Structure level is also .618 Fibonacci retracement of 1.0526 to 1.0363.

Opportunity to short at 1.04627.
Look for more signals.

Potential Targets:
Target 1 at . 382 retracement of 1.0363 to 1.0462
Target 2 at Pivot Level S1

I'm looking to share my observations here and start documenting my progress as I continue on this journey.
Order cancelled: Price went straight through resistance.
Although there were multiple signals in favor of the short, I wanted some more confirmation with the candles themselves.

As you can see, the confirmation was there not to do it.
Comment: It's never a failure when we learn from it.
It's a lesson.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out