AUD/NZD possible short-term long
Hi,
I just noticed that long opportunity on this pair has already set up. Most of the my trades are based on the Daily/H4 charts.
I see this as an opprtunity since we have an upside breach of the last threshold of the sell ( daily ), having that said we have a new support right there and this big red candle is a pullback to it.
I will be monitoring the H1 for more precision to my entry.
Disadvantages of this trade are: AUD is weak and the pullback is very strong. That's why I will wait for some more confirmation based on the H1.
Targets around - 1.0800
I just noticed that long opportunity on this pair has already set up. Most of the my trades are based on the Daily/H4 charts.
I see this as an opprtunity since we have an upside breach of the last threshold of the sell ( daily ), having that said we have a new support right there and this big red candle is a pullback to it.
I will be monitoring the H1 for more precision to my entry.
Disadvantages of this trade are: AUD is weak and the pullback is very strong. That's why I will wait for some more confirmation based on the H1.
Targets around - 1.0800
Comentarios:
Comentarios:
Managed to enter on this one ,earlier today. It is now moving slightly into profit. Let's see how this performs.
Comentarios:
Still holding on this trade. Still, at small profit. But I like the way the daily chart looks like. The first entry was around 1.0720 followed by a huge spike which almost stopped me out and it left a tail.
H4 update.
H4 update.
Comentarios:
Comentarios:
Stops moved to zero. Risk free.
Comentarios:
Target missed by 12 pips.
Stops moved at profit - 1.0740
Stops moved at profit - 1.0740