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
