AUDNZD Potential Sell Strategy!
Updated
Following a bearish surge, there are indications that a bearish flag may be in the process of forming, although it has not yet been completed. A test of the selling zone, as highlighted on the chart, seems likely, presenting an opportunity to initiate a sell position. To mitigate risk, our strategy involves adjusting the stop-loss after observing initial downward movement. The objective is to target the take-profit levels, specifically tp1 and tp2, with the confirmation to enter the trade centered around the identified selling zone.
Please follow, boost, and comment. Your engagement is valued, and comments are welcome. Thank you for your support!"
Please follow, boost, and comment. Your engagement is valued, and comments are welcome. Thank you for your support!"
Trade closed: target reached
You can take your profit if you follow the trade.
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.