The
AUDNZD
's downtrend has been broken and a descending channel / flag has now appeared and broken as well.
To me that is a perfect setup for a long trade.
I expect it to go the top of the downtrend. However, I have put in a few targets along the way.
AUDNZD
's downtrend has been broken and a descending channel / flag has now appeared and broken as well. To me that is a perfect setup for a long trade.
I expect it to go the top of the downtrend. However, I have put in a few targets along the way.
Trade active:
Trade active:
After a minor reversal AUDNZD continue to move towards target no. 1
Trade active:
I added a new long position a few hours ago
Trade closed: stop reached:
Might have moved my stop up too early.