500 PIPS AUDNZD SHORT!

AUDNZD SHORT
Why are we entering?
- Price is approaching a structure level & trendline
- Price is approaching our 0.618 fib level

What are we waiting for to happen?
- Rejection of structure level
- Trendline touch
- Rejection of our 0.618 fib level

Entry 1.081
SAFE Entry: Rejection of trendline, structure level, fib level
Risk Entry 1: Early break of RISK trendline

Once entered, where will our Stoploss be?
- Above the trendline & structure level (above 1.084) 30 pips

Where do we take profits?
- First TP - Previous structure level : 1.061 (200 pips)
- Final TP - Channel support / Previous low : 1.031 (500pips)

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