AUDNZD short on 2h - Daily breakout or fakeout of trendline?
AUDNZD short trade on the 2h with a breakout setup.
This one is a quite late one as the trigger bar closed during the night.
Entry was executed based on the 30m pullback back into the 2h breakout level, using stop placement as it would have been used on the 2h.
Target 2:1.
The future will tell us if the daily trendline break is just a fakeout. But that's part of the game, we cannot win them all.
This one is a quite late one as the trigger bar closed during the night.
Entry was executed based on the 30m pullback back into the 2h breakout level, using stop placement as it would have been used on the 2h.
Target 2:1.
The future will tell us if the daily trendline break is just a fakeout. But that's part of the game, we cannot win them all.