AUDNZD : Countertrend with good R/R Ratio
In a clear downtrend context, the pair has formed 2 equal legs and a short term bottom is possible . I favour a retracement till 1.03 which is 100 pips from current levels
Stop below 1.0150 , so R/R ratio is 2:1
Stop below 1.0150 , so R/R ratio is 2:1
Josep Pocalles
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Top Technical Analysis Voice
www.linkedin.com/in/josep-pocalles/
One-to-One Trading Coach & Mentor
Telegram Channel
t.me/+QbOKfXHX1UArUQCB
Análisis
amconsulting.substack.com