Ill trade this possible bounce of the resistanc line of the triangle, placing stop just above the previous local support, which in case of a fakeout could be the bull target.
Im placing my order above the suppot trend line and will be moving it by. Im using pretty tight stop in case of break-out.
The possible break of the support, Im placing my order just below the local low to pick some profit
Target 1 is a not greedy short term target. Target 2 is rather longer term I guess a few months and only like double profit, so why to "waste" time. Using pretty tight stop loss in here.
This is my idea of AUDNZD mid-term, I have shorted this one when price got to the resistance last time and I got tp, so I wish for the same. Any suggestions?