AUDNZD has formed a very nice rising wedge pattern that we are watching closely for a breakout. We placed our sell limit order as following:Entry: 1.05841
SL: 1.06117
TP: 1.04689
The first support is near 1.05345, a break of this support will drive the pair to our TP.
Trade Safely!
TheForexFarmers
-John
Trade active
We have been holding this position for some time now, and as we can see; the price broke the rising wedge. More downside movements are anticipated.Trade Safely!
TheForexFarmers
-Alex
Trade closed: stop reached
SL was hit, and the trade is now closed. Will look for entry this coming week.Trade Safely!
TheForexFarmers
-Alex
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.
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.