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dave25981155

Going Long The Aussie and Kiwi Dollar

Long
Australian Dollar / U.S. Dollar (OANDA:AUDUSD)  
dave25981155 Updated   
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Candlestick Analysis Support and Resistance AUDUSD audusdlong NZDUSD nzdusdlong
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trendanalysis candlestick supportandresistance audusd audusdlong nzdusd nzdusdlong
Both AUDUSD and NZDUSD hit support forming engulfing candle patterns indicating a reversal.
The trades are counter-trend, so I will proceed with caution.

Here is the Kiwi chart:
snapshot

I have entered the following trades into my trading log:

Date Pair Direction Trade Trend Level Signal Entry
2019-06-18 NZDUSD Long Counter Trend Down Horizontal Support Engulfing break
2019-06-18 AUDUSD Long Counter Trend Down Horizontal Support Engulfing break
Comment:
Moved stops to break even
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