FX: AUDNZD Swing trade 30m

Updated
Set Up:

Price has swung above 200MA
Balanced swing
Pivot component with R & L side WRB

Entry:

Re test coil zone

Stop:

Below point of ignition (note: Ideally a stop under the pivot is preferred, however this extends our RR)

Target:

3:1 Higher high
Order cancelled
Order cancelled - as price did not re test and has moved off too far
audAUDNZDForexfxNZDTrend Analysis

Disclaimer