FX:AUDNZD   Australian Dollar/New Zealand Dollar
This pair has been in consolidation since 2013             . It now could be possibly approaching a break-out. As always with my long term set ups, I wait for confirmation.
Price broke above 50 period moving average, showing that the Trend is turning Bullish .
I use Bollinger Bands and Bandwidth to indicate volatility and nothing else (No basis line used on my bands). As Bollinger Bands show two standard deviations of price, we can see that when price deviates further from the mean, the volatility is expanding significantly. (Also seen with rising Bandwidth).
Up-coming support at high of consolidation, and 200 period moving average. Will enter on break and close above that level. I don't use take profits, and will hold this position until Trend reversal signals are given.
Current stop is based on ATRx1
Order dibatalkan
Malaysia
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
简体
繁體
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