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SonicDeejay
21 jun 2018 09:00

AUD/NZD (Waiting to short at higher ground) Kort

Australian Dollar/New Zealand DollarFXCM

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AUD/NZD

We had a nice run down to support region of 1.06. I have closed my position with profit. Now it is rebounding strongly.
I expect it might continue for now, but the days are numbered.

Soon, we shall see more bearish resistant can come in near at 1.0777 and 1.085 regions.

I will be waiting to a short trade by then and I am not in a hurry.

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s0nic





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Bearish PA didn't show up at the expected turning point.
Kommentarer
FTE1995
Hi Sonic,

Just seen a large bullish engulfing candle on the 4h charts, think this confirms your long view for the moment, what do you think?
cykoh8500
Hi Sonic, do you take any Short Position for AUD/NZD since it already reached 1.085 region? Currently is doing 1.0915.
SonicDeejay
@cykoh8500, Not yet. I am waiting for a proper Price Action (Bear).
It didn't show up.
Mer