A nice bearish rejection reversal candle formed here on the AUDNZD. This was against momentum so we had to play this one like a counter trend price action trade.
In this video, I walk you though the trade setup and demonstrate to you how I built value into this trade – giving me the reasoning I needed to get short here.
This is a from trade open to close tutorial, I step though the entry, stop loss and targets. I talk about potential ‘trouble areas’ for this trade and show you the trade result.
I hope you enjoy the video, and gain something from it.
Best of luck on the charts!