AUDNZD - Wait for Retrace and Long

2016年11月24日Looks set for a retrace before moving up within the wedge. Looking for signals for an upwards break.

May see a slow grind down with long weekend in US and will keep this on radar

2016年11月29日

评论

May not be enough upward momentum to break upper TL yet - could be a small double top on 1 hr / 30 min for move to bottom TL

2016年11月29日

评论

close up of possible double top:

2016年11月30日

评论

Wait for retest of bottom TL and if it holds will enter long

2016年11月30日

交易开始

Took decent pips down and now using half profit earned for aggressive entry into long with stop below recent structural support

2016年12月1日

评论

Lets hope that this is a false break of the TL - hence why above was an aggressive entry. If PA holds at current level ( 1.042 ish ) then upwards move more likely

2016年12月2日

评论

Bears first attempt to take 1.04 support and bulls holding - 1.04 break will clear way for one more push down.
Suspect that wedge is no longer valid but wait and see in the coming days

2016年12月5日

交易手动结束

Need a re look after John Key's resignation -