AUD/NZD Possible short-term bearish price movement
Good morning traders,
hope you all had awesome trading Monday with dozen of pip profit. If you did not then you might consider following us here because yesterday we gained +426.3 pips, all from ideas from this channel absolutely free.
Now let's take a look at short term trade opportunity for AUD/NZD, we can see that price has been struggling to break through middle line of ascending channel. We expect price to move lower to test support line of this channel, however be aware that overall trend is bullish and bears might not have enough strength to get price to support. Use small risk management un this trade putting Stop Loss right above the middle line of ascending channel. We predict slow market today and we have to take advantage of every option market give us.
Let us know what you think about this idea in comments, and please do as a favor and smash that like and follow button and help spreading ideas all over the place :)
Good luck !
hope you all had awesome trading Monday with dozen of pip profit. If you did not then you might consider following us here because yesterday we gained +426.3 pips, all from ideas from this channel absolutely free.
Now let's take a look at short term trade opportunity for AUD/NZD, we can see that price has been struggling to break through middle line of ascending channel. We expect price to move lower to test support line of this channel, however be aware that overall trend is bullish and bears might not have enough strength to get price to support. Use small risk management un this trade putting Stop Loss right above the middle line of ascending channel. We predict slow market today and we have to take advantage of every option market give us.
Let us know what you think about this idea in comments, and please do as a favor and smash that like and follow button and help spreading ideas all over the place :)
Good luck !
