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taikomin
Feb 26, 2018 9:27 AM

AUDNZD Long opportunity Long

Australian Dollar/U.S. DollarFXCM

Description

On the bigger picture Weekly, price action is showing it's in an uptrend. HHs & HLs , demand being respected, supply negated.

Taking a long opportunity on a WoW demand zone formed that's been tested by a news spike. Needed confirmation before taking trade.
Break of TL indicates that level still have strong buyers.

If you are applying Supply & Demand methodology in your trading plan, or mere interest,
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Comment

it's AUDUSD not AUDNZD. Mistake.
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