FX.co ★ Trading tips for AUD/NZD

The previous trading plan in AUD/NZD talked about placing sell limit orders after a continued growth of the pair. The desired development was finally achieved today, when the pair tested 1.11700. This makes it possible for traders to close the limit orders.

Plan:

Development:

Congratulations to those who followed the strategy! The pair moved by as much as 1,700 pips. Traders may now close the limit orders to claim profit.

The trading idea was based on the "Price Action" and "Stop Hunting" methods.

Good luck and have a nice day! Don't forget to control the risks.