faithintrade

AUDNZD PRICE TRAP 1HR tf

faithintrade Updated   
OANDA:AUDNZD   Australian Dollar / New Zealand Dollar
AUDNZD Price Trap - (BUY/SELL)

BUY
Entry: If price break and closes above
alert price on the 1hr tf, enter on the break or the retest
Alert: 1.07950
TP1: 1.08151 (20 pips)
TP2: 1.08408 (45 pips)
SL: 1.07751 (20 pips)
If it breaks TP1, or is considerably in profit,
move your stop into profit or close in profits

SELL
Entry: If price break and closes below
alert price on the 1hr tf, enter on the break or the retest
Alert: 1.07565
TP1: 1.07414 (15 pips)
TP2: 1.07241 (32 pips)
SL: 1.07770 (21 pips)
If it breaks TP1, or is considerably in profit,
move your stop into profit or close in profits

THESE ARE N.O.T. PENDING ORDERS
MUST WAIT FOR THE BREAK & CLOSE
Trade active:
FIRST TARGET REACHED! SL Is at Entry
Trade closed: target reached:
SL at Entry, closed trade. 20 pips secured

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