AUDNZD Long - Trend Developing with FIB Extension
New higher high and lower high sequence developing.
Buy at the 38.2% FIB Extension and hold until the top of the channel.
Note: I do not use stops on my trades. I close all my trades manually on the closing "Daily" candle, which will be below 1.0700.
(I divide my capital into 300 trades which allows for blowouts beyond my stops from time to time - But it also allows the trade to run through chop before the trend takes hold)
Buy at the 38.2% FIB Extension and hold until the top of the channel.
Note: I do not use stops on my trades. I close all my trades manually on the closing "Daily" candle, which will be below 1.0700.
(I divide my capital into 300 trades which allows for blowouts beyond my stops from time to time - But it also allows the trade to run through chop before the trend takes hold)