AUDNZD - Last trade idea for this yr! 🎁
Updated
Yes, this is my last trade idea for this yr...!
AUDNZD, Hit my target perfectly this week - 200 EMA. Great way to end this week!
It's getting to end of the yr now, keep that in mind whilst trading.
Technical view, daily time-frame:
Broke out of smaller inner channel hit the 161.8 Fib Area, as well as inverse H&S Reached target so we could fade, now we could go towards the support area of: 1.07419 Or we could go to the next Fib retracement area of 2.618 areas : 1.07610 - 1.07800.
Now how do you approach this trade you might be thinking: You can add an alert or limit orders on how you approach this trade, really does depend on your trade plan - Go to a lower time-frame for greater R/R.
Guys keep an eye on GBPUSD and check my latest post on that - If I find anything interesting on that I will be posting it privately on the various groups I am part of.
It's has been an unusual great year for me - I know it hasn't been easy for many people out there - but don't give up especially don't give up on becoming a great trader - it's the best career to ever have! I will be back the first week of next yr with plenty of great high conviction trading set ups! And if you guys have any requests - Private message me, I have really enjoyed the great comments and private messages I have received I am very grateful- thank you!
🎄 Happy Holidays & Have a great yr ahead- Ready to conquer 2021 with great trades! 🎁
All the best,
Trade Journal
AUDNZD, Hit my target perfectly this week - 200 EMA. Great way to end this week!
It's getting to end of the yr now, keep that in mind whilst trading.
Technical view, daily time-frame:
Broke out of smaller inner channel hit the 161.8 Fib Area, as well as inverse H&S Reached target so we could fade, now we could go towards the support area of: 1.07419 Or we could go to the next Fib retracement area of 2.618 areas : 1.07610 - 1.07800.
Now how do you approach this trade you might be thinking: You can add an alert or limit orders on how you approach this trade, really does depend on your trade plan - Go to a lower time-frame for greater R/R.
Guys keep an eye on GBPUSD and check my latest post on that - If I find anything interesting on that I will be posting it privately on the various groups I am part of.
It's has been an unusual great year for me - I know it hasn't been easy for many people out there - but don't give up especially don't give up on becoming a great trader - it's the best career to ever have! I will be back the first week of next yr with plenty of great high conviction trading set ups! And if you guys have any requests - Private message me, I have really enjoyed the great comments and private messages I have received I am very grateful- thank you!
🎄 Happy Holidays & Have a great yr ahead- Ready to conquer 2021 with great trades! 🎁
All the best,
Trade Journal
Trade closed: target reached
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.