AUDNZD had a rather quick impulse down today. It looks like price is currently consolidating this move. There could be an opportunity to enter short again.
Watch for divergence on a lower timeframe around the 38.2/50 fib level. Or you could enter on the break of the consolidated candles.
TP - 27 fib, which more-or-less lines up with the bottom of the channel
Minimise risk, protect your profit, most importantly - trust your strategy. Good luck traders :-)
Watch for divergence on a lower timeframe around the 38.2/50 fib level. Or you could enter on the break of the consolidated candles.
TP - 27 fib, which more-or-less lines up with the bottom of the channel
Minimise risk, protect your profit, most importantly - trust your strategy. Good luck traders :-)