AUD/NZD Forex Trading update

Howdy Steemers,
Cton here as I posted a couple of days ago I made a buy on this pair at 1.039 now we are currently sitting at 1.045 my target price is 1.055 meaning right now we have 700 pips in the bank the total goal of the trade is roughly 1200 pips. A lot of people think the bottom is 1.02 before it changes the trend. So my target is 1.055 and so I will put a trailing stop loss if it goes past that price in a spike, in hopes that it doesn't want to go down to historic lows and keep climbing changing the structure. I do not advice a buy at this point as the easy money is gone. but if we see it drop to 1.03 or 1.02 I see myself buying again after this trade is complete.