AUDNZD - Shorting a shark at top of daily range

FX:AUDNZD   Australian Dollar/New Zealand Dollar
2 months ago
Hey guys, the US election is over.

Time for the markets to move more swiftly now.

I am looking at AUDNZD             for next week.

I see a bearish shark completing at the top of a daily range around 1.0750 - 1.0760.

I will be monitoring for divergence and RSI overbought condition around that zone before I go short.

Ideally, price should reject that zone, come down and retest it one last time before dropping.

The levels are on the chart.

EP: 1.0750
SL: 1.0820 (70)
TP: 1.0370 (380)

My advice is not to use a pending order, will keep you guys updated!
2 months ago
Comment: http://bit.ly/2g7akqo

This week's market outlook is out!
Had a chat with my mentor Scott(Scott Carney) yesterday, we spoke about how we view the various markets.
I will share about what he revealed to me about the S&P index in this week's report.

Download report at absolutely no cost today!
Harmonic trader based in Singapore. Learned directly under the great Scott Carney. For FREE live trading webinars, trading resources and market analysis, please do visit my website at Harmonicforex.com
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