Short AUDNZD
Updated
Direction: Short🔻
RRR: 1:2.5
Reason: Technical & momentum/oscillator indicators 📊
TimeFrames: Both 4h and 8h 🕑
📝 Analysis: 1.10 was always a key level for this pair, the latest rally that started last 24th of May from 1.085 crashed on this level three times last week, even if the pair will breakout this level it must visit lower levels to catch up with momentum to break such an important level.
🌠I would rate this setup 3.5/5
🌠There might be a better entry point than this published in this Idea, but I am trying to avoid missing out.
RRR: 1:2.5
Reason: Technical & momentum/oscillator indicators 📊
TimeFrames: Both 4h and 8h 🕑
📝 Analysis: 1.10 was always a key level for this pair, the latest rally that started last 24th of May from 1.085 crashed on this level three times last week, even if the pair will breakout this level it must visit lower levels to catch up with momentum to break such an important level.
🌠I would rate this setup 3.5/5
🌠There might be a better entry point than this published in this Idea, but I am trying to avoid missing out.
Trade active
Trade active
Trade active
Note
I don't know if it's worth it to keep until the full target, I am not saying it won't hit it, but it will take time I can invest this money in a faster trade setup maybe!!!Trade closed: target reached
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