AUDNZD Trade Analysia
System C's AUDNZD trade reason
Gold arrow: Entry price
Red arrow: Stop loss price
Green arrow: Take profit price
Trade Setup:
AUDNZD formed a significant channel in both Hour 1 and hour 4 timeframe.
Trade confirmation:
Price rejected top of the channel
Trade reasons:
1) price rejected channel
2) Superb risk-reward ratio ( 1 - 1.34 )
3) price broke key support level - Black Line
Take profit reasons:
1) Above the bottom of the channel
Stop loss reasons:
1) Stop loss level was set to be above the top of the key channel
2) If price breaks channel line it might be a clear up trend
3) So we will have to play safe and keep our levels right there.
Gold arrow: Entry price
Red arrow: Stop loss price
Green arrow: Take profit price
Trade Setup:
AUDNZD formed a significant channel in both Hour 1 and hour 4 timeframe.
Trade confirmation:
Price rejected top of the channel
Trade reasons:
1) price rejected channel
2) Superb risk-reward ratio ( 1 - 1.34 )
3) price broke key support level - Black Line
Take profit reasons:
1) Above the bottom of the channel
Stop loss reasons:
1) Stop loss level was set to be above the top of the key channel
2) If price breaks channel line it might be a clear up trend
3) So we will have to play safe and keep our levels right there.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.