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eL-Professor

Sell the breakout

Short
Australian Dollar / New Zealand Dollar (FOREXCOM:AUDNZD)  
eL-Professor Updated   
FOREXCOM:AUDNZD   Australian Dollar / New Zealand Dollar
Trend Analysis
1
1
trendanalysis
Sell Stop Order @ 1.08950
Stop Loss @ 1.09850
Profit @ 1.08000

Explain the signal :
- Price declined at the top of channel.
- MACD shows low momentum indicating for possible reversal.
- breaking the trend line will confirm the reversal
Comment:
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