VasilyTrader

AUDNZD: Short Trade Explained

Short
FX:AUDNZD   Australian Dollar / New Zealand Dollar

hey guys,

pending short order went active 01:00 PM GMT+3 on AUDNZD.

reason - retest of a broken bear flag formation and dodji formation on 1H.

T1 - 1.0623
T2 - 1.0590

(both targets based on structure on the left)

Stop - 1.0705 (above the last higher high within the flag)

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