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Rushed. Looking to trade.
Upwards trading channel.
Daily Chart. Market Order. Entry at SL location.
AUDNZD 4H - Long - Range trade
Testing of resistance.
Rectangle structured trade
Until evidence otherwise, short it at a good price.
Two trade R/R ratios listed.
Unfortunately this trade is against the prevailing trend (bear market)
A daily close below 77.872 would expose 76.015 and 73 areas to the downside.
Possible +2R and +4R short trades may be possible.
Will wait for daily close.
Long term resistance has been hit on USDCHF. Start looking for long term sell off to .96500.
Warning I'm an amatuer.