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justinholtgrave

AUDNZD - IN TREND BULLISH ENGULFING LONG SETUP

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Dollar Australia / Dollar New Zealand (FOREXCOM:AUDNZD)  
justinholtgrave  
FOREXCOM:AUDNZD   Dollar Australia / Dollar New Zealand
Support and Resistance Candlestick Analysis aud NZD AUDNZD LONG buy Daily Charts priceaction Engulfing Candle
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supportandresistance candlestick aud nzd audnzd long buy daily priceaction engulfingcandle
AUDNZD has set up a perfect in trend bullish engulfing setup.
If price pulls back to the 50% area i'll be looking to enter there for a sniper entry.
Buy stop trade currently activated.

Confluences:
Higher high
Higher low
Real bullish engulfing
Lower bollinger band outbreak

TP set at previous highs close.
SL set 5 pips below bullish engulfing low.

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