AUDNZD - Cup & handle small amount trade
It is a little bit pushy, but with some imagination can be seen as cup & handle pattern. Last time it played out well (see linked idea), so I'll try again with a few micros.
Regarding the deep of a cup one could argue it should be from the dotted yellow line and not from the top of this formation. We'll see, I put several targets in place and will take profits off the table gradually. Plan is to get in after the breakout above previous highs with relatively tight stop loss.
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Regarding the deep of a cup one could argue it should be from the dotted yellow line and not from the top of this formation. We'll see, I put several targets in place and will take profits off the table gradually. Plan is to get in after the breakout above previous highs with relatively tight stop loss.
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
تم حذف الأمر:
Cancelling this one, it's too far from entry already.
