jtaboo

AUDNZD - Short

Short
jtaboo Updated   
FX:AUDNZD   Australian Dollar / New Zealand Dollar
My bias. Got my sell entry on the 15 minute. Oversold on the 15 minute chart to the 4H. I may potentially ride this one down to the 1.04090-1.04000 area (Bullish Engulfing Pattern on the 4H). I might buy after the sell is over - but that will be updated in another post and depends on what happens here.





*Enter if your please, but always at your own risk. I am not a financial advisor.*
Comment:
Still in there clear. This just looks like more rejection.

Comment:
SL moved into profit at 1.05600. Risk free trade now.


Comment:
Hit my Stop Profit. But I reentered at 1.05110. Now to let it ride out. My stop is already in profit.
Trade closed: stop reached:
Stop hit in profit. On to a new entry.
Trade closed: target reached:
Crazy how price came back to our exact target zone. Lesson learned, don't be so quick to out your stop in profit, a LITTLE drawdown isn't dangerous. But good win regardless!
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