cyanfrog
Long

AUDNZD bullish engulfing

FX:AUDNZD   Australian Dollar/New Zealand Dollar
4h chart produced bullish outside bar off daily trendline and 2 fibo counfluence levels 50% and 62% and some minor support levels(better seen on daily). Daily chart also looks promising, but you know... never praise the bar before its closing :)

Strategy stays the same, initial SL under engulfing bar low. First TP at first resistance level (1.104).
First TP almost reached. SL is now at BE
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cyanfrog cyanfrog
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