POSITION TRADING: AUDNZD SELL LIMIT ORDER. TARGET 1.04650
TRADE TYPE: SELL LIMIT
TRADE DIRECTION: SHORT
TIMEFRAME: WEEKLY
ENTRY PRICE: 1.10500
STOP LOSS: 1.16000
TAKE PROFIT: 1.04650
RISK TO REWARD: 1:1
ANALYSIS: Price broke the demand zone / support and is likely looking to aim for upcoming demand zone / support. stop loss ideally placed above supply zone / swing high
Follow this thread for any future updates regarding this specific trade.
CAUTION: Trading outcome is Probability Based and could wipe out your account if risk management and strategy is not followed properly. Cheers
TRADE DIRECTION: SHORT
TIMEFRAME: WEEKLY
ENTRY PRICE: 1.10500
STOP LOSS: 1.16000
TAKE PROFIT: 1.04650
RISK TO REWARD: 1:1
ANALYSIS: Price broke the demand zone / support and is likely looking to aim for upcoming demand zone / support. stop loss ideally placed above supply zone / swing high
Follow this thread for any future updates regarding this specific trade.
CAUTION: Trading outcome is Probability Based and could wipe out your account if risk management and strategy is not followed properly. Cheers
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