AUDNZD LONG TRADE SETUP WITH KEY ENTRY & STOP LEVEL
With regards to my previous post on AUDNZD, the price seems to has completed the flag pattern and a bullish rally should resume.
There is also a weekly doji price action signal on the weekly chart which is suggesting indecision. However, since our bias is bullish it can serve as a buy signal.
The trading plan here is very conservative as we're putting our stop loss at the major low that will invalidate the bullish scenario with a 1:3 Risk Reward.
Safe Trading!
There is also a weekly doji price action signal on the weekly chart which is suggesting indecision. However, since our bias is bullish it can serve as a buy signal.
The trading plan here is very conservative as we're putting our stop loss at the major low that will invalidate the bullish scenario with a 1:3 Risk Reward.
Safe Trading!
Related publications
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.