FX:AUDNZD   Australian Dollar / New Zealand Dollar
137 8 1
Long, daily hammer , 1.168 fib and RSI divergence. Target no1 1.2250
equal legs target hit. closing profit here +155 pip on avg. May look to buy this next week if it drops.
Sl moved to b/e (entry 1.1870 and 1.1900). Equal legs targeting 1.2060.
Well, if it stays above 1.885, it may get to 1.2. Otherwise we may see new lows.
Well, we are in an unbroken downward channel and the 4h-Chart doesn't show a divergence either.
So I would prefer the downside for the moment.
traderWgun motleifaul
well, I guess you could very well be right on that. I was too tired to post this yesterday, but there is a fractal and I think its coming into play again.
The hammer don't always work out, But I think it's a great risk/reward setup. Good luck to you!
I'm also long at 1.185. This rally was due since I can't remember when. I'll take profit just shy of 1.20000.
traderWgun ForceFollower
congrats sir, let's hope there is more profit in this one.
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