After a fail to create higher highs, NZDUSD continues its downtrend to make possible lower lows
After a successful stop at the top of upper trend line, it seems that AUDJPY will continue it's path to go lower.
Confluences: 1/ with the trend 2/ bounce of the upper channelline 3/ 0.6625 as resistance level 4/ Fibonacci 61.8% bounce 5/ MACD bullish divergence Additional: * H&S - pattern on 4H/1H * Weekly high test * Fundamentals are in our favour
Entered this trade just few hrs ago and the Target was hit just couple of mins ago! Over 90 pips profit on this pair alone along with all the EUR based pairs i traded but didnt have time to post them up here b/c i was away from the screen and there wasnt any point posting them up b/c price was reaching their targets already. Attached to this is original post...