Long

Long AUDNZD

Updated

AUDNZD daily Heiken Ashi candle closed green after a red daily Heiken Ashi candle. This in addition to a previous green weekly Heiken Ashi candle suggests to me that this week may be bullish.

I entered with a market order and placed my stop loss just below the local low on the daily chart.

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Here is a look at the weekly Heiken Ashi chart.

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Here is a look at the traditional candlestick daily chart.

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Let's see where it goes.

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I think it could move up to the next price level.

Trade closed manually

I decided to close this trade out this morning. AUDNZD definitely did not reach the price level that I anticipated. That's ok though. I was able to close with some profit anyway.

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