AUDNZD - Long @1.08500 coming soon!
Situation:
- a massive Monthly/Weekly AND Daily support zone pulls down AUD right now.
- overall the market is ranging from 1.12000 to 1.02000
--> possible LONG entry @1.08500
- Swingtraders set up a limit order
- I recommend monitoring prices in the box zone to look for a reversal (e.g. false break out of the zone and re-entering)
--> TP @1.11600 / SL @1.076 R:R 1:3.35
- a massive Monthly/Weekly AND Daily support zone pulls down AUD right now.
- overall the market is ranging from 1.12000 to 1.02000
--> possible LONG entry @1.08500
- Swingtraders set up a limit order
- I recommend monitoring prices in the box zone to look for a reversal (e.g. false break out of the zone and re-entering)
--> TP @1.11600 / SL @1.076 R:R 1:3.35
Comment:
getting closer