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boring_trading
Jan 24, 2020 11:31 AM

AUDNZD long-term Supply&Demand setup Long

Australian Dollar/New Zealand DollarFXCM

Description

Price has reached a daily demand zone and shows first signs of a reaction. Waiting for a further pullback.

Initial targets are the two daily supply zones, with first one being tested both look as valid targets. Extended target is the monthly supply zone.

SL below the low from 2019.

Trade active

Entry triggered

Comment

First TP hit.

Trade closed: stop reached

After first tp, reached stop on other two
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