[COMPLETED] D1 Buy AUDNZD

Update: move Stop to entry after TP1 Reached

D1 Buy AUDNZD

Enter Now (1,03554)
or within the following zone: 1,03448 – 1,02942

Stop = 1,02504

Tp 1: 1,04523 Tp 2: 1,05391 TP 3: 1,06312

Reasoning: Bull divergence + daily wedge + with where it bounced was a 100% fib extension + price is in a weekly zone

Weekly AUD/NZD for further reference

3 responses to “[COMPLETED] D1 Buy AUDNZD”

1. SwingFish says:

   March 16, 2019 at 13:52

   quick question: what makes you so sure it’s gonna break out ?

   Reply
   • Techex says:

     March 16, 2019 at 19:16

     Well it is showing bullish divergence and the daily low it bounced at was a 100% fib extention. combined with that it is in a strong weekly zone. the sl is just outsidoutside this weekly zone.Combined with this analysis i have also looked at other nzd/xxx pairs nzdjpy for example shows bearish divergence on the h4 and is respecting a zone aswell.

     Reply
2. SwingFish says:

   March 28, 2019 at 02:12

   TP1 Reached, move stop to Entry!

   Reply