AUDNZD Short from changing momentum
Hello
This short play is based off of 2 indicators. The first indication is a changing momentum on a the Madrid moving average this shows that there is an increasing selling on this pair. also it recently broke below a multi day upwards trend showing that it has downward momentum
entry 1.068-1.07
Profit target 1.05
stop 1.075
This short play is based off of 2 indicators. The first indication is a changing momentum on a the Madrid moving average this shows that there is an increasing selling on this pair. also it recently broke below a multi day upwards trend showing that it has downward momentum
entry 1.068-1.07
Profit target 1.05
stop 1.075