AUDUSD LONG IDEAHello traders!
Very slow movement past week on the Aussie Dollar! this week we are having a lot of fundamental support for the AUD staring today in the Asian session. I do believe that we can push down before going up because the price is currently looking very much bearish but out of power. When you see slowing down in the price that means that bears are losing their control at the moment, but we can have a stop hunt move down before going up.
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the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Fxsignals
EUR/NZD Signal UpdateSeeing no reason to take any profit off of the table with the trade. The pin bar (2nd previous candle) was the ideal exit, however I assume those in the U.S. we're asleep. The previous candle printed a perfect hammer candle stick, the opposite to the inverted hammer the candle before. This can be helpful with the assumption that these candle patterns will continue to be useless on the 1 time frame.
Currently floating +89 pips with 100% of our position open. If the 1-hr descending trendline is broken I will consider taking some profit at that point.
EN Signal Update
Grossing +120 pips through the London session, this has been an absolute perfect trade with 0 drawdown.
Currenting trading +80.5 pips.