Just opened a LONG trade on AN after seeing a Bullish Gartley pattern being formed.
WE HAVE TO LOOK HOW THE PRICE WILL MOVE INSIDE THE ZONE THAT IT IS NOW AND WILL LOOK FOR BREAK OUT ! MOST % HAS TO GO DOWN BECAUSE IN 1D CHART HAS FORMED A BIG DOUBLE TOP AND THE RESISTANCE @ 1.07300 IS TOO STRONG TO BREAK RIGHT NOW SO I PUTTED 1 SELL ORDER @1.05600 AND TP@1.03600 AND ONE BUY LIMIT @1.07700 AND TP@1.09200 TRADE WITH A PLAN GUYS AND WITH CARE !
Hi guys, by the looks of things audnzd has broken its downwards trend line, I would suggest a buy now. Should expect 1.045 and higher but personally I will be using the 4hr Heikin candles to take profit.
Placing SL below 1.05800, Longing it right now.
Price made a few failed attempts to break higher but quickly reversed at resistance area 1.0520-1.0545 I expect the pair to find support before bearish traders return to fade into any moves towards 1.0426 resistance to target 1.0285 as 1997 lows. A break beneath here should see.the 2015 lows.
Waiting for the breakout to see an impulsive move! Short the breakout.
I was expecting another down movement before heading up, because we had a long consolidation, but my classic trend line has broken with a pull back. I will be buying when the market opens and I will place my SL at 1.04010 and let it go. I think this is a pretty high probability trade. we should make up for our losses we had in the past few trades.
Selling with only a few pips SL, I think its time for this bad boy to go down. great risk ratio !
Trendline broke, did a nice retrace and its ready to be bought ! this setup has a great win/loss ratio.
Hello! Errol Here, I know the markets has been very tough from the beginning of the year. If you know your system and Stick to your trade plan, you know your system will produce results over time, then stay positive and keep trading your plan no matter what. NEVER GO BROKE so make sure your account size allows you to handle draw downs. In the comments below...