Hello guys
I posted yesterday about my audnzd idea. I was watching this pair and nzdusd before rbnz as there were signs of turnback. Took a long earlier today and so far its good.
Weekly audnzd is consolidation but one thing to note is price is 1.04 is strong support and price keeps finding buyers there. CS is still below past candles.
Daily is breaking out out of cloud. Price made a lower low and riped. HA delta and HA delta plus both are above zero. My initial target is around 1.07-1.0750 and we'll see what happens there. I'll keep my stop trailing on daily time frame and this trade will prolly last few days.
Thought to share.
I posted yesterday about my audnzd idea. I was watching this pair and nzdusd before rbnz as there were signs of turnback. Took a long earlier today and so far its good.
Weekly audnzd is consolidation but one thing to note is price is 1.04 is strong support and price keeps finding buyers there. CS is still below past candles.
Daily is breaking out out of cloud. Price made a lower low and riped. HA delta and HA delta plus both are above zero. My initial target is around 1.07-1.0750 and we'll see what happens there. I'll keep my stop trailing on daily time frame and this trade will prolly last few days.
Thought to share.
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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.