Is it time to change the course of action for AUDNZD??
Hello traders,
As you can see, on the daily chart we have a very nice setup. Recently this pair has hit the bottom. Similar bottom we had in June 2017. From that bottom it has also created a double bottom recently which suggests a reversal. Also the current daily green candle engulfs the previous red candle which is an indication of bullish momentum.
Everything adds up to go long on this pair. We should see a strong push up anytime soon. This is a long term trade with tons of pips on offer. I will be placing a tight stop loss and keep the trade for at least couple of weeks. Risk and reward is amazing for this trade.
Let me know your thoughts.
Trade safe and good luck.
As you can see, on the daily chart we have a very nice setup. Recently this pair has hit the bottom. Similar bottom we had in June 2017. From that bottom it has also created a double bottom recently which suggests a reversal. Also the current daily green candle engulfs the previous red candle which is an indication of bullish momentum.
Everything adds up to go long on this pair. We should see a strong push up anytime soon. This is a long term trade with tons of pips on offer. I will be placing a tight stop loss and keep the trade for at least couple of weeks. Risk and reward is amazing for this trade.
Let me know your thoughts.
Trade safe and good luck.
Trade fermée: cible de profit atteinte
I have closed half of my position and taken 180 plus pips. Moved my sl to the previous support level to enjoy the remaining pips.I hope you enjoyed as well.
Trade fermée: cible de profit atteinte
Closed my 2nd position with a whooping 305 pips.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.