Audnzdlong
AAUDNZD LONG IDEA 21ST JUNE 2022We have seen a clear HT demand zone holding price over the asian session and we are now currently seeing buyers in control of the momentum and knowing fully well we are in an uptrend long term we will buy from this zone and most likely the buyer's momentum will become very strong going into the london session.
AUDNZD - DAILY SUPPORTBullish on AUD/NZD . Daily Support Zone / DAILY Trend Support. This is just my observation.
- Remember risk management 1-3% of your capital
- Take profit of your position partially
- Don't open too many orders at the same time
- Be patient
- Don't be so greedy
- Waiting for a candle close and execute your plan.
- DON’T FOLLOW BLINDLY
- ALWAYS DO YOUR ANALYSIS BEFORE MAKING A TRADE! YOUR TRADE YOUR DECISION!
AUDNZD | Bullish Structure 💡- The trade can be a slow burner, but it has the potential to continue a bullish move since it's trending towards the upside on most higher time frames.
- We are seeing a 4-hour bullish engulfing candle formation in process, suggesting bull power in the market as well as a recent MA crossover.
- If resistance will be broken, we could potentially see a push > exhaustion scenario before a continuation move up.