As you guys can see, there is one more resistance and after that, there would be a big short trend coming ! if it breaks our target which is the next resistance point, then I think AUD gonna go down so much ! Please keep this in mind that this is a very risky place for AUD/NZD to be, so put your SL, maximum at 1.04790 which would not expose you to a lot of risks !
Cheers, Masih
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I believe after a retracement for past two sell candles, it will go to hit our target 1.
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great selling opportunity !
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I believe by beginning of the Tokyo market we will have our Target 1 reached.
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Target One reached, closed 50% of trade with almost 400 pip profit !
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Waiting for it to break the second resistance and after that god knows where it goes !
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Target 2 is coming faster than what I expected ! if it break our target 2 it is gonna go boom after an small retracement !
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I am planning to re-enter the trade with another short position !
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As we predicted, marked opened with a huge gap, and our target reached. There is a big news on AUD couple of minutes from now, and me personally closed all my trades. Ill post another idea if I thought I can hunt a good wave.