AUDNZD long
Reason
Price has retraced to a daily bullish fair value gap. 15 minute chart shows weak down movement followed by a double bottom. Price might go lower, if it does, I will look for a better opportunity to go long. However, if the larger timeframe becomes bearish, I won't look for an opportunity to go long anymore.
Price has retraced to a daily bullish fair value gap. 15 minute chart shows weak down movement followed by a double bottom. Price might go lower, if it does, I will look for a better opportunity to go long. However, if the larger timeframe becomes bearish, I won't look for an opportunity to go long anymore.
Trade closed: stop reached
Stopped reached, it would take more time for the reversal to happen. This is my 2nd stop loss for this pair, I am still hoping to get a reversal from the next support / order block zone.
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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.