AUD/NZD LONG ALL THE WAY ( monthly plan for this pair)
As we can see this pair has been in a range since 2013 (green lines limits of monthly),
On the dailly we see more range movement (red borders).
As price is now at a point historically considered low we expect market to go up.
On the dailly we see more range movement (red borders).
As price is now at a point historically considered low we expect market to go up.
Trade active:
Trade was activited this morning for me. Chose to go in above monthly resistance (green line) even though i expected price to struggle it just broke through thats a good sign. we might encounter resistance soon and some profit taking at the next resistance area. But Long all the way up. Dont miss this ride guys
Trade was activited this morning for me. Chose to go in above monthly resistance (green line) even though i expected price to struggle it just broke through thats a good sign. we might encounter resistance soon and some profit taking at the next resistance area. But Long all the way up. Dont miss this ride guys
Comment:
Retouch of support. Opportunity to enter the trade