shomonrobie

Buy AUDNZD Falling Wedge, Divergence, Backside of Trendline

Long
shomonrobie Updated   
FX:AUDNZD   Australian Dollar / New Zealand Dollar
Buy AUDNZD
Watch the market after Monday Opening for Bullish Strength. Reason For Buying:

  • Falling Wedge Pattern on 4H Chart
  • Divergence on MACD
  • Price consolidating at the back side of down trend line
  • Price Retracing from below .236 fib leve

    Target:
    5 pip below 1.618 fib level 90/95 Pips


Trade active:
Ascending Triangle/ Still Possible Bullish Breakout

Trade active:
Profit Locked 74.6 Pips
2 Lots * 74.6 * 6.037 PIP Value = 900 USD PROFIT LOCKED!!

Trade closed manually:
Stopped Reached!

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