Eur-Aud Sell Opportunity
Day Time Frame Create Pin Bar At 61% Fibbo
Strong Structure Trendline Already Breakout
Create Bearish Bias
Suggest Sell Opportunity On This Pair
GBPNZD are trading in what i choose to see a bearish expanding channel.
And we are currently at the roof of that channel.
Piphunters are looking to short if we see intraday trendchange with the intention of turning this intraday day trade to a nice(we hope) swing trade. With a target at almost 2000 pips ( in the best of worlds :))
We are looking to short when...
Major divergence going on MACD this is an indication that we have a dead trend. As I see it the DZ @0.7465 is the start of the new trend. This new trend seems to be a corrective wave on weekly chart.
Strategy on this trade:
Aggressive:
Place one BUY and on SELL order at reversal going on right now (check H1 for reversal pattern). Sell the long position at new...
