AUDNZD - Bearish Engulfing
AUDNZD has formed a very strong bearish engulfing trade setup on the daily timeframe. A downtrending support line, a very strong Bollinger Band outbreak, and a significant engulfing candlestick confirm this setup. SL set above previous highs, TP set at previous lows.
Note
SL moved to break-even. Currently 142 pips in profit.Note
Currently +132 pips in profit. Price pulled back and formed another bearish engulfing as expected.Trade closed manually
Trade closed at break-even. +- 0 pips.
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Related publications
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.