AUDNZD D1 Ascending Flag
Going long on AUDNZD as the ascending flag got validated by today's bullish bar.
Entry: 1.0881
Initial S/L: 1.0778
Target I: 1.1031
Target II: 1.1253
Has to be noted the second target lies in a resistance area with multiple touches and rejections in the past.
Entry: 1.0881
Initial S/L: 1.0778
Target I: 1.1031
Target II: 1.1253
Has to be noted the second target lies in a resistance area with multiple touches and rejections in the past.
Note
The 200- and 250 days EMAs above might serve as a primary resistance area as they did before.Trade closed: stop reached
S/L hit, closed at a loss
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.