TradingView
vlad.adrian
Apr 8, 2014 9:11 PM

AUDNZD - Double Bottom Update 

Australian Dollar/New Zealand DollarFXCM

Description

Here is the main idea
tradingview.com/v/wJxqor8I/


This is a chart showing how I managed the trade until now. I wanted to post this chart because I don't usually add to positions, but this time I did.

I still hold my bullish bias.

1 - 1.05982 - Entered because of the double bottom pattern
2 - 1.07005 - Added because price returned to value on H4, and formed a doji on the daily
3 - 1.07487 - Added because price rallied after consolidation, confirming my first add.
4 - 1.07942 - Daily piercing line(my platform) and bullish engulfing here on TV, H4 return to value and bounce of support
More