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DAVID_GIRALDO
Jul 31, 2016 11:42 PM

audnzd buy setup for the week Long

Australian Dollar/New Zealand DollarFXCM

Description

audnzd is in a big weekly corrective structure. on daily we just had this breakout of my curved trendline. i am expecting a big bounce up, possibly a breakout of the weekly corrective structure leading us into new highs. everthing in structure shows me the potenecial this pair has of going off to create new highs. if it breaks out of the 1hr trend line(yellow) i will be a buyer. i will update possible buy entries on lower time frames if i can and if they present themselves. for now i have a buy stop at the white dotted, above the 1 hr trend line
entry might present itself at .618

Trade active

bought the .618 bounce
Comments
ezodisy
Indeed the correction looks complete
prince125700
SL?
DAVID_GIRALDO
the lowest low or 10 pips under..
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