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AzrulAzir
7. Aug. 2017 02:03

AUDNZD triangle pattern (+339 pip) Short

Australian Dollar/New Zealand DollarFXCM

Beschreibung

AUDNZD inside triangle pattern, and create ABCD pattern.
in this setup we have 2 target for short at 1.0556 and 1.0377
stoplevel above 1.0768

Open short : 1.0718
Stoplevel : 1.0768 ( or use your money management rules)
takeprofit position : 1.0556 (164 pip) or 1.0377 (339 pip)
R/r Ratio : 3,44 and 7

Disclaimer :
This analysis not include personal feeling/opinion, and pure base on technical analysis
Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.

Trade geschlossen: Stop wurde erreicht

-46pip
Kommentare
banffstocker
This is not a sell atleast till 1.07640
gawdzilla
@banffstocker, tend to agree w you
acostalugo85
I'm all in.
Ekosetia1290
I hope Inflation for New zealand come with good result.
nice to meet you.i am eko from batam,indonesia.
banffstocker
I just opened short, you open your trade to early
AzrulAzir
@banffstocker, yup maybe to early for me to short because it perform channel up.
Pio79
I am still in...
beepatient
Monthly and Weekly outlook looks bullish. This may not work...
Ekosetia1290
@beepatient, depend your plan and depend your timefrime you used my friend.
AzrulAzir
@beepatient, yes, but i only follow price action. If there is a pattern and its a good quality pattern, then i go with it.
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