AUDNZD - Wait for Retrace and Long

24 thg 11, 2016

Looks set for a retrace before moving up within the wedge. Looking for signals for an upwards break.

May see a slow grind down with long weekend in US and will keep this on radar

29 thg 11, 2016

Ghi chú

May not be enough upward momentum to break upper TL yet - could be a small double top on 1 hr / 30 min for move to bottom TL

29 thg 11, 2016

Ghi chú

close up of possible double top:

30 thg 11, 2016

Ghi chú

Wait for retest of bottom TL and if it holds will enter long

30 thg 11, 2016

Giao dịch đang hoạt động

Took decent pips down and now using half profit earned for aggressive entry into long with stop below recent structural support

1 thg 12, 2016

Ghi chú

Lets hope that this is a false break of the TL - hence why above was an aggressive entry. If PA holds at current level ( 1.042 ish ) then upwards move more likely

2 thg 12, 2016

Ghi chú

Bears first attempt to take 1.04 support and bulls holding - 1.04 break will clear way for one more push down.
Suspect that wedge is no longer valid but wait and see in the coming days

5 thg 12, 2016

Giao dịch được đóng thủ công

Need a re look after John Key's resignation -