SGTrader101

First trading setup for the account: AUDNZD long opportunity

Long
OANDA:AUDNZD   Australian Dollar / New Zealand Dollar
Aggressive entry Confluences:
1. Strong 4hourly, daily uptrend
2. 0.618 fib level (Golden Fib level)
3. Filled of imbalance
4. Many wicks of rejection at 0.618 level showing as strong support.

Conservative Entry Confluences:
1. wait for the break of the zone and retest.
2. Entering at retest will ensure you with a higher probability of winning

Trading Plan:

1. Entered aggressive trade already
2. Would enter another entry at the retest
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