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staringatskyline

AUDNZD Possible Long Position Coming

Australian Dollar / New Zealand Dollar (OANDA:AUDNZD)  
staringatskyline Updated   
OANDA:AUDNZD   Australian Dollar / New Zealand Dollar
Support and Resistance Trend Lines Pennant
3
0
supportandresistance trendline pennant
I don't know if price wants to drop to the bottom of the pennant roughly 115 pips before going up, or if it is going to retest the yellow line and jump to the top of the penant. But price shows its hand, I am going to wait until the long opportunity comes up and I will enter.
Comment:
This is getting close to bouncing. My Buy Limit is 1.06000
Trade closed: stop reached:
Broke below...wait for retest and sell
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