First Entry was at 1.0615 Second Entry is pending order at 1.0606 Stop is at 1.0591 Target is at 1.0636
I have 5 reasons to buy AUDNZD for a daytrade.
1. Currency Strength Meter AUD is strong NZD is Week 2. Trendline Support 3. Support Zone Intraday 4. Market Profile from yesterday 5. Bullish Divergence Signal
The Rules: If second entry is activated then the target for first entry is at breakeven and the target for second entry is at main target Also if the second entry is activated and price reaches the level of first entry then move stoploss of second entry to breakeven.
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