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FishMonkey

Short on AUDNZD at resistance for 160 pips

Short
Dollaro australiano / Dollaro neozelandese (FX:AUDNZD)  
FishMonkey Aggiornato   
FX:AUDNZD   Dollaro australiano / Dollaro neozelandese
3
0
Price action is coming up into resistance at 1.11560, I'm looking to trade the reversal, and TP around 1.09705.
Trade attivo:
AN short entered
Trade chiuso: stop raggiunto:
AN broke structure to the upside, tapping the resistance at 1.12

I am still decidedly bearish on this pair.
Commento:
As always, trade according to your allowed risk levels. Crosspairs can have massive moves, and you need to make sure that if you're wrong, you have decided where you are getting out, so that you don't get caught with a massive loss. Keeping your stops within your risk allowance is the only way to keep from this.
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