GazFx
Corporal
- Messages
- 98
TradeBOSS Strategy triggered a Sell signal for AUDNZD. TwinMA and ADX indicators have crossed-down on the H4 chart, and price has broken below support. The D1 chart confirms, with both TwinMA and ADX crossed-down.
Visual confirmation includes multi-timeframe confluence across H4, D1, W1 and MN price charts. In this instance, TwinMA and ADX are crossed-down in all timeframes.
Price action has broken below the symmetrical triangle visible on D1, W1 and MN price charts (see below). And just look at that -DI spike on the monthly chart. Expect further downside for the AUDNZD.
My trade decision was to enter another AUDNZD position. Entry was made at 1.06024 for 0.12lots. Stop-loss at 1.06475 on resistance.
Visual confirmation includes multi-timeframe confluence across H4, D1, W1 and MN price charts. In this instance, TwinMA and ADX are crossed-down in all timeframes.
Price action has broken below the symmetrical triangle visible on D1, W1 and MN price charts (see below). And just look at that -DI spike on the monthly chart. Expect further downside for the AUDNZD.
My trade decision was to enter another AUDNZD position. Entry was made at 1.06024 for 0.12lots. Stop-loss at 1.06475 on resistance.