The pair is looking good to go up! If break the trendline then we will first look at the previous high for targeting. If violate that level then we will be looking at the mentioned level.
Trade according to your own strategy. GOodLuck
交易结束：到达目标
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评论
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Pattern formation on 60Min chart:
评论
Jack19
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It's a very good long term investment to go long on AUD/NZD.
@WaveExpert, yes ,it's true but 46 pips is not enough, I wanna 700 pips :)
Marvin
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When you say "the previous high" do you mean that of June 7 @ 1.0516? If so you mean you first want to see that level broken before you enter a buy rather than the TL being broken?
Thanks.
WaveExpert
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I mean after entering we will look at that level for price action! and high of 6-07. @Marvin,
Marvin
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@WaveExpert, Ok. I thought your strategy was more to look for a break and retest of the TL (looking at pa etc). Thanks.
jojofang0901
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Beautiful trade setup, thank you for sharing your view. I have similar idea as well on this pair.