Short

AUDNZD - Short

Updated

My bias. Got my sell entry on the 15 minute. Oversold on the 15 minute chart to the 4H. I may potentially ride this one down to the 1.04090-1.04000 area (Bullish Engulfing Pattern on the 4H). I might buy after the sell is over - but that will be updated in another post and depends on what happens here.

*Enter if your please, but always at your own risk. I am not a financial advisor.*

Note

Still in there clear. This just looks like more rejection.

Note

SL moved into profit at 1.05600. Risk free trade now.

Note

Hit my Stop Profit. But I reentered at 1.05110. Now to let it ride out. My stop is already in profit.

Trade closed: stop reached

Stop hit in profit. On to a new entry.

Trade closed: target reached

Crazy how price came back to our exact target zone. Lesson learned, don't be so quick to out your stop in profit, a LITTLE drawdown isn't dangerous. But good win regardless!

jtaboo

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.