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Actionprice

AUDNZD possible shortHello ladies & gentleman, I wanted to show my perspective on AUDNZD With what price has showed us so far, I'm expecting price to continue with the bearish pressure. As I showed you guys on the video, I'm waiting for price to just breakout, retest, and start to create bearish impulses. Target is small since I am expecting price too to give us a bigger continuation pattern to continue to go lower. In case such thing does not happen, then every structural level that price breaks down and retest, could be a pretty good opportunity to scale in. The 2nd scenario that I illustrated on the charts could take a couple of more weeks, where we could be able to capitalize on small trades inside of the bigger correction, but for now, short is what I am going to be trading. Expecting Stop losses of 10 to 15 pips as maximum, and looking for 1:3 Risk Reward Ratio! Hope you liked the idea! Leave any comments!.
Short
by olmedomanuel_