4H AUD/NZD LONG

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AUD/NZD has formed a cup and handle patter at a key zone and trendline. Looking for long positions.
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No entry as price descended lower. The mistake I made was that the pattern was formed directly beneath a key zone of sensitivity, instead of on a zone of support underneath which would provided buy protection.
analysisaudCandlestick AnalysisForexfxtradersLONGNZDSupply and DemandSupport and ResistanceTrend Lines

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