AUDNZD: AUD Weakness at Channel Support
AUDNZDTimeframe: H4
Direction: Long
Confluences for Trade:
- Waning bearish momentum
- Price action at support of downward sloping Resistance Channel
- Horizontal Trednline support close by
- Stochastics at Oversold conditions (1D and W)
- Widening gap EMAs is large
Suggested Trade:
Entry @ Area of Interest 1.0450 - 1.0510
SL: 1.0381
TP: 1.0709
RR: Approx. 2.32 (Depending on Entry Level)
May the pips move in our favor! Good luck! :D
*This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and we are not responsible for any losses derived from it.
Dagangan aktif
Dagangan ditutup: hentian tercapai
We locked in half profit beforehand and moved SL to BE. Risk free trade.
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Disclaimer: The personal opinion above does not constitute as an investment advice. Any trade decisions taken based on the above opinion is purely at your own risks. DYOR.
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Disclaimer: The personal opinion above does not constitute as an investment advice. Any trade decisions taken based on the above opinion is purely at your own risks. DYOR.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.