AUDNZD, 4hr tf, sell below the kumo cloud
Hello everyone,
For today i am going to take sell AUDNZD positon as there is a potential for further downside.
Price now moving below the kumo cloud and parabolic SAR above the price indicating sell pressure. Also noticed there is a small shoulders head pattern on this pair and price already brken below the neckline.
I also add 200-EMA and price below this EMA after breakin it twice.
Sell AUDNZD 1.0870
Stop loss 1.0920
Take profit 1 @1.0810
Take profit 2 @1.0745
RR ratio is 1 : 2.5
Use only 1-2% risk
Good luck
For today i am going to take sell AUDNZD positon as there is a potential for further downside.
Price now moving below the kumo cloud and parabolic SAR above the price indicating sell pressure. Also noticed there is a small shoulders head pattern on this pair and price already brken below the neckline.
I also add 200-EMA and price below this EMA after breakin it twice.
Sell AUDNZD 1.0870
Stop loss 1.0920
Take profit 1 @1.0810
Take profit 2 @1.0745
RR ratio is 1 : 2.5
Use only 1-2% risk
Good luck
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.