Pika7993

Successful 48 hour timeframe trade using MACD Strategy.

FX:AUDNZD   Australian Dollar / New Zealand Dollar
Huge success on a slow moving 2 day swing trade. As we can see we have a 24 hour up trend that hits a key resistance (as presented by fibonacci) and reverses to a 24 hour downtrend. I exited at my 48 hour mark for milestone purposes although the trend continues down. Both currencies have been relatively weak eliminating potential sudden shifts in trend movement. Fun way to trade!
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