AUDNZD Harmonic BAT CD Trade Phase 2, LONG

PT: 1.0870 (4.3R/R)
Entry: 1.0550
SL: 1.0470 (80pips = 1 Risk)

Commento:

UTC 11:00 Limit Sell at 1.0550 for Break Even closure.
(Reason: Review Dchart after NY close, subject to PA for Long again)

Trade attivo:

Trade Active:

PT: 1.0870
Entry: 1.0570
SL: 1.0490 (80pips = 1 Risk)

Reason: Structure at Dchart much more affirmative now

Trade chiuso manualmente:

One more exit at 1.05740
Profit : +0.05 R/R or take it as BE.
Reason: try re-enter at exact next oscilating low in H1chart.

Commento:

BOTH FUUNDAMENTALLY AND TECHNICALLY INVALIDATE THIS IDEA.
#1 THE NZ rate hold proliferate and the AUDUSD is showing reversal from top while NZDUSD relatively holds firmer.
#2 Until AUDUSD tested 0.7575 and if hold, consider Long AUDUSD only where DXY should reach approx 0.95 and next swing downward.