Expecting to BUY on the pull back

FX:AUDNZD   Australian Dollar / New Zealand Dollar
37 3 9
I am expecting it to go up a bit higher after the previous break and after quite a deep pull back.
All aboard!
Trade closed: target reached: worked out beautifully
Is there something special about the .382 with this pair or are you looking at the previous price action?
+2 Reply
LolliPip AndreLear
Yes, looking at previous price action (just like target). Wouldn't be surprised if it came down to the 50 or 61.8 fib, though!
+1 Reply
AndreLear LolliPip
I bought in on the way up at exactly where the .382 fib is now. I think I'm going to hold it for the pullback unless it breaks the bottom.
+1 Reply
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