HayatoDragonFX

AUDNZD, 4hr tf, sell below the kumo cloud

Penjualan
FX:AUDNZD   Dollar Australia / Dollar New Zealand
Hello everyone,

For today i am going to take sell AUDNZD positon as there is a potential for further downside.

Price now moving below the kumo cloud and parabolic SAR above the price indicating sell pressure. Also noticed there is a small shoulders head pattern on this pair and price already brken below the neckline.

I also add 200-EMA and price below this EMA after breakin it twice.

Sell AUDNZD 1.0870
Stop loss 1.0920
Take profit 1 @1.0810
Take profit 2 @1.0745

RR ratio is 1 : 2.5
Use only 1-2% risk
Good luck
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