olly_price

AUDNZD symmetrical triangle with 5 hits

FX_IDC:AUDNZD   Australian Dollar / New Zealand Dollar
Symmetrical triangle has been forming on the AUDNZD             pair for 3 months now.

5 strong hit points.

Look for a break to the upside at hit point 6 or a break to the downside at hit point 7 after hit 6.

Profit targets are clearly indicated by green lines and are based on previous structure. The top profit target is unlikely but very hopeful if we get a break to the upside.

Comment: Point 6 hit and closed above the resistance line. Will be watching this closely to determine whether or not to open a long position.
Trade active
Trade closed: stop reached: Tiny loss. Still going to watch this triangle.
Trade active: Long again.
Trade closed: target reached
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out