FANTASTIC OPPORTUNITY TO BUY AUDNZD

Aktualisiert
Buy at market 1.0498 with a stop at 1.0430 and a target at 1.0860 giving a risk reward greater than 3:1. On 4hr chart a second rejection of 1.0550 area with a convincing 4hour bull bar. Yesterday's day bar a low test bar, weekly oversold.
Anmerkung
Approaching descending daily trend line at around 1.0550, watch for break or rejection. 4hour chart, solid double bottom formed.
Anmerkung
Correction of initial idea comments....A second rejection of 1.0450 area.
Anmerkung
Trade active from 1.0498
Anmerkung
Hold
Anmerkung
Stopped
Chart PatternsTrend Analysis

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