FX:AUDNZD   Australian Dollar / New Zealand Dollar
108 4 5
Reasons to enter this trade

i) Negative bullish divergence RSI
ii) Price at lower trend-line
iii             ) Confluence of the trend-line with Support at 1.105

A buy stop order at few pips above 1.1087, with a stop loss below 1.10963, targeting a profit at 1.15.
Please see below update:
Reply
target looks good ;)
snapshot
+1 Reply
HamedAghajani PRO Fib.The.Gentleman
Hi Patrick. I rather to buy when the market had built upward momentum, hence suggested a buy stop. I think your decreases Reward to Risk ratio, a bit. Thanks for sharing your chart and analysis.
Reply
Fib.The.Gentleman HamedAghajani
Hey Hamed,
true with your buystop. With my Setup it could easily go further down, snapping back up, and im out... where you are still in ;)
Better Ratio, but less confluence :(
+1 Reply
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
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