TerryHarmonicTrading
Short

AUDNZD - Shorting a shark at top of daily range

FX:AUDNZD   Australian Dollar/New Zealand Dollar
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!
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!
http://bit.ly/2g7akqo
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