AUDNZD Bearish Probability

Whenever a pair move rapidly on Daily Time frame I always look for 2nd confirmation on H4 time frame... We are witnessing that the pair is still in bearish trend.... It may now get some reversal but we need a second retracement to go short in this pair on that Key level once again. We will look for another candlestick confirmation on H4 chart to sell AUDNZD.

Stay tuned for a possible short signal in this pair.

Komentarz:

Now the price has retouched our resistance @ 1.0494 and formed an inside bar which is the opportunity to signal short...

Signal
Sell Stop @ 1.0455
SL 1.0500
TP 1.0380

Komentarz:

cancelled the pending order... we will post another opportunity latar