Price Action and Chart Pattern
HELLO TRADERS
Here is our trade plan on AUDNZD. Please drop a comment below or a like.
1. Weekly dynamic resistance
2. A perfect long wick on Weekly rejecting resistance
3. Fake breakout on daily signal a bearish price action
4. Head and Shoulder pattern on H4
What is our trade plan?
Is to sell trend and EMA 50 breakout of the right shoulder with our entry strategy and RR of 1:2 - 1:3.
Here is our trade plan on AUDNZD. Please drop a comment below or a like.
1. Weekly dynamic resistance
2. A perfect long wick on Weekly rejecting resistance
3. Fake breakout on daily signal a bearish price action
4. Head and Shoulder pattern on H4
What is our trade plan?
Is to sell trend and EMA 50 breakout of the right shoulder with our entry strategy and RR of 1:2 - 1:3.