NickofJupiter

AUDNZD Short Analysis

Short
FX:AUDNZD   Australian Dollar / New Zealand Dollar
Took this trade for several reasons.
This pair has come up to a very strong resistance level on the daily and 4 hour chart.
Price action has formed a double top.
We also have an inside day candle set up with the second candle being a bearish hammer.
I have sold the break of the low of this inside day setup.
Comment:
Target smashed.
Very successful trade.

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