FANTASTIC OPPORTUNITY TO BUY AUDNZD

Dec 19, 2018

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.

Dec 20, 2018

Note

Approaching descending daily trend line at around 1.0550, watch for break or rejection. 4hour chart, solid double bottom formed.

Dec 20, 2018

Note

Correction of initial idea comments....A second rejection of 1.0450 area.

Dec 20, 2018

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Trade active from 1.0498

Dec 20, 2018

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Hold

Jan 3, 2019

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Stopped