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AUDNZD - Short Failed but...

This is based on previous post were we forecasted a short trade AUDNZD but this trade lasted only up to the 61.8 Fib. (we can't get everything right, can't we? David Weis himself said: "If you get 7 out of 10 right you can quit your day job". I would agree and disagree with that statement. It is not just getting 7/10 you also need another incredient which is called money management)

https://www.tradethevolumewaves.com/post/audnzd-short

Before


After - Look what happen after hitting the Fib - two double Plutus Long patterns and explosion - up we go 50 pips so far



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