AUDNZD H&S Confirm !!! Short on Strength
AUDNZD has formed the Head and Shoulders pattern and it's confirmed by the break down below the neck line.
Last night the price went down further after the pull back. The market bias is fully bearish.
If you don't have any position. Wait for the a little pull back which can be around 1/3 of the latest bearish bar to entry short position.
The target is at the longterm trend line around 1.0650.
Good Luck!!
.
Tanakorn Koomrampai, CMT®, CFTe®
Last night the price went down further after the pull back. The market bias is fully bearish.
If you don't have any position. Wait for the a little pull back which can be around 1/3 of the latest bearish bar to entry short position.
The target is at the longterm trend line around 1.0650.
Good Luck!!
.
Tanakorn Koomrampai, CMT®, CFTe®
Trade closed: target reached