AUDNZD take profit 1 hit
our AUDNZD trade has hit take profit 1 today so we have halved our trade and moved stop loss to entry to now be in a risk free trade. the reason for entry on this currency pair is that we identified a weekly zone of significant buy sensitivity that allowed us to place a buy limit order as we knew there would be a lot of buy pressure there and a high probability that price reaches take profit 1, we will wait now and see if price reaches take profit 2 but our goal was to take some pips and profit at the level we have and if price continues that would be a bonus.
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