Trade of the Week – 15-09-2024 – AUDNZD

Weekly Highlights and Performance Overview

Welcome to our “Trade of the Week” page! Here, we spotlight the standout trading signal that delivered exceptional results for our members. This page serves as an educational resource, showcasing the performance of selected trading signals and offering deep insights into the strategies that led to their success.

Featured Trade Signal

https://signalsoracle.com/wp-content/uploads/2024/09/AUDNZD29Sep2024.jpg

Date of issue – 15-09-2024

Pair – AUDNZD

Entry Price– 1.0933

Stop Loss – 1.0947

Take Profit 1 – 1.0919 | Reward to Risk Ratio – 1:1

Take Profit 2 – 1.0891 | Reward to Risk Ratio – 3:1

Result at a Glance

Outcome – Hit Both Targets

Note: This trade was shared with our members last week as part of our weekly signals service. For more details, view the original signal here.

Strategic Insights

• Target 1: Set a 1:1 reward-to-risk ratio to ensure a breakeven point.
• Target 2: Set at a 3:1 reward-to-risk ratio, allowing for a maximum profit before the end of the week.

Market Conditions and Analysis

The trade was kept open from the previous week. Price dropped to the final Target on Tuesday, thereby closing the trade for a profit.

Summary and Learnings

Patiently waiting for turning points is the best way to participate in the markets.

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