Lovely 5 wave impulse setup by AN. Looking to trade the completion of the 5th wave of the setup. Momentum is currently still bouncing well from the oversold level for the RSI and converging with the EMA. Lovely indication that we may be arriving at the pinnacle of the uptrend. This only serves to improve the amount of confluence suggesting a short term upward move.
Targets:
- 1.10760 - 1.11320 - 1.11800
Hope you have a blessed trading week ahead. If you enjoy this post please do hit the like button and share with those you may know. I would highly appreciate it. Remember to always apply proper risk management within your trading plans. Also feel free to drop your views of this pair down below, you are more than welcome to.
Trade active
Note
SL hit
Note
I will be re-entering AUDNZD because it is still valid, my SL; was just too tight. I will be posting the refurbished version right here
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