therealbinarymaster

AUD/NZD Setting up Nice for this 1/3 R/R potential trade idea

Short
OANDA:AUDNZD   Australian Dollar / New Zealand Dollar
A/N has failed to break this area of resistance and looks to be Exhausted here, looking for a nice potential Final TP area of 1.064

possible 1st target area would be 1.0685 for a 10 pip Scalp

2nd Target area I'm looking at would be right around 1.067



this is for educational and demo purposes, please feel free to demo this trade idea and looking forward to hearing your thoughts on this potential 1/3 R/R trade idea! did you know that with R/R like this, you can loose 2 out of 3 trades and still Manage to be a Very profitable trader!!!

Remember not to go for the homerun all in one shot, in order to really take your trading to the next level, RISK MANAGEMENT AND DISCIPLINE are going to be needed!!

peace and love @therealbinarymaster

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.