AUDNZD - as you can see we have made significant moves last night on this pair. It peaked our interest when we noticed this 4hr bearish trend coming into play. From that we ran a fib from the high to low and monitored price action around the trend line. Once we saw the bearish closure on the 4hr (Circled) we entered here and had basically 0 drawdown 1% taken in partial profits and the rest of our trade left to run now.
Happy trading
Happy trading
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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.