Long AUDNZD; short short! term hourly reversal
Sellers still in control of market but showing some weakness as bearish bars are getting smaller followed by doji/pin and then bullish confirmation candle.
Bigger time frames are in strong downtrend (4 hour/daily) so very small lot and mostly to test a doji/pin theory.
target is purple line
Bigger time frames are in strong downtrend (4 hour/daily) so very small lot and mostly to test a doji/pin theory.
target is purple line
Trade active
Trade closed: stop reached
Comment:
Not a high probability trade as expected. Will continue to test this theory out in small lots but with better odds in my favour