JackLesko
Long

AUDNZD - Potential Long After Breakout on the Daily

FOREXCOM:AUDNZD   Australian Dollar / New Zealand Dollar
As AUDNZD has been moving sideways since mid 2014, I expect this pattern to continue with this recent breakout on the daily chart . This could continue until it hits the upper trend line in time which leads into a historical channel.

We have 4H confirmation of this trend, awaiting the daily candle to close above 1.0468.

Entry: 1.047
SL: 1.044 (varies depending on your risk profile)
TP1: 1.055
TP2: 1.063
Aug 21
Comment: TP1 hit
TP2 in 25 pips
Sep 03
Trade closed: target reached
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out