1) This pair has just pushed into new highs (or) lows. We now have a pullback followed by a swing engulfing candle. That makes this a valid example of The 4hr Pullback strategy.
PAIR: AUDNZD
Entry - 1.07732
Stop - 1.07271
Position 1 - TP @ 1:1
Position 2 - ?
PAIR: AUDNZD
Entry - 1.07732
Stop - 1.07271
Position 1 - TP @ 1:1
Position 2 - ?
Note
2) Update: Position 1: TP hit 1:1
Position 2: SL moved to BE
Note
4) Update: all positions closedPosition 1: 47 pips
Position 2: 53 pips
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.
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.