AUDNZD 4H TRADES

184
Price is at the 100 sma
Price close below or above 100 sma determines direction
Follow Macd for direction

Long Trade
Price closes above 100 sma
Enter at candle close
Buy TP @ 1.0679
SL below 100 sma

Short Trade
Price closes below 100 sma
Enter at candle close
Sell TP @ 1.0505
SL above 100 sma
Note
Spike hit Buy TP
Candle closed above 100 sma - Entry point
snapshot

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.