Both TP1 and 2 were hit in our last run. This trade was taken successfully with patience. It went a little farther than we expected during consolidation but jumped out hard and took off to the moon! Sorry too much crypto lol.. Enjoy the idea!
AUDNZD impulsed out of a bullish flag and made a new high. I am looking for a corrective structure to go long again and will be observing the 50% to 88.6% fib zone. I don't see it going that far back but if you all know the sweet spots of the fibs then you know they are marked here :D Please trade with care and risk management.
RSI - OB looking for a sellback correction and a drop below and a curly cue back up to 50%
200 and 50 MA cross with bullish impulse. Price riding 20 MA on hourly. All bullish and above.
SL: within your risk management zone wait for a solid support to be created around my marked zone but I have marked how low you should put it.
Early entry: 1.05410 (I don't recommend it unless support is created here)
Entry: 1.04550 or 1.05000
TP1: 1.08000
TP2: 1.08750
TP3: 1.09250
TP4: 1.10000
AUDNZD impulsed out of a bullish flag and made a new high. I am looking for a corrective structure to go long again and will be observing the 50% to 88.6% fib zone. I don't see it going that far back but if you all know the sweet spots of the fibs then you know they are marked here :D Please trade with care and risk management.
RSI - OB looking for a sellback correction and a drop below and a curly cue back up to 50%
200 and 50 MA cross with bullish impulse. Price riding 20 MA on hourly. All bullish and above.
SL: within your risk management zone wait for a solid support to be created around my marked zone but I have marked how low you should put it.
Early entry: 1.05410 (I don't recommend it unless support is created here)
Entry: 1.04550 or 1.05000
TP1: 1.08000
TP2: 1.08750
TP3: 1.09250
TP4: 1.10000