AUDNZD - 4H - LONG - TDI
Hi there, fellow traders.
I identified some 4H trade that could occur on AUDNZD. My plan is the following :
- AUD is still bearish as we can see on monthly TF. However a pullback is on going as we can see on weekly TF. The question is? How far the pull will get us back?
- On 4H I believe that RSI50, red line and ma on TDI are enough to keep PA going up for short term.
- On daily also as PA got back in PAC, I believe upper band of PAC will at least be touched (around 1.51XX). That will be my first TP.
- For SL, we have several 4H low behind us so I took one b/w the first two.
GL HF
I identified some 4H trade that could occur on AUDNZD. My plan is the following :
- AUD is still bearish as we can see on monthly TF. However a pullback is on going as we can see on weekly TF. The question is? How far the pull will get us back?
- On 4H I believe that RSI50, red line and ma on TDI are enough to keep PA going up for short term.
- On daily also as PA got back in PAC, I believe upper band of PAC will at least be touched (around 1.51XX). That will be my first TP.
- For SL, we have several 4H low behind us so I took one b/w the first two.
GL HF
Comment:
25% profit here @1.517. SL@BE and let it run freely !
Trade closed manually:
Closed @BE a few hours ago. Could have been better but that's the price for being conservative.