AUD/NZD SHORT ON DAILY CHART

Looking at a low risk and decent risk reward trade on a potential down channel.

This could be the formation of a bullish flag but with a tight stop I am going to enter seeing if I can catch a decent move to the downside.

Once TP 1 is hit then stops move to break even and will start training stop as we hopefully head to TP 2.

Keen on your thoughts?