Possible Long entry on Breakout! Good risk reward ratio !!

FX:AUDNZD   Australian Dollar / New Zealand Dollar
will be watching price action closely ........
similar idea by SENIOR linked below !!
Comment: if next trend line will be broken, then it can go further down ,,here are all other possibilities


Hi, It looks good too, i was long last week, i lost like 60 pips too, hopefully it will go up now finally. thanks for the analysis.
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I have been long on this pair . The last two weeks were bit of a tear jerker for me.I think that by Thursday we should expect the course correction towards long. It will see release of NZD GDP and AUD employment numbers .
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don't worry mate, it will definitely come up now ,I lost some pips too, last week from the same pair, but just 40 pips. Always use tight stop loss and make them break even as soon you gain like 40 pips
sundark Wave-Expert
Thanks . I am also praying for it to reverse the course direction.It has been a tense 2 weeks for me when all indicators where pointing towards long and it was still moving south.
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