AUDNZD Long
The price is moving in an uptrend, where the price managed to break and close above daily resistance level which is also a last week high, turning it to support level.
My bias is bullish so i will wait for the price to retest support level which is also a 50% fibonacci retracement level, if i can get confirmation i will take a long position.
My bias is bullish so i will wait for the price to retest support level which is also a 50% fibonacci retracement level, if i can get confirmation i will take a long position.
Trade active
price retested support level then formed a bullish rejection candle before making an impulse moveTrade closed: target reached
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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.