Hi traders,
On the NZDUSD we have two potential entry points. The first one is at the pink trendline. The second one is at the completion of the cypher pattern.
------Trendline------
Entry: 0.715
Stop: 0.7111
Target 1: 0.7233 = R:RR 2
Target 2: 0.7300 = R:RR 3.5
------Cypher------
Entry: 0.701
Stop: 0.6948
Target 1: 0.7122 = R:RR 1.7
Target 2: 0.7193 = R:RR: 2.85
Best of luck!
On the NZDUSD we have two potential entry points. The first one is at the pink trendline. The second one is at the completion of the cypher pattern.
------Trendline------
Entry: 0.715
Stop: 0.7111
Target 1: 0.7233 = R:RR 2
Target 2: 0.7300 = R:RR 3.5
------Cypher------
Entry: 0.701
Stop: 0.6948
Target 1: 0.7122 = R:RR 1.7
Target 2: 0.7193 = R:RR: 2.85
Best of luck!
Trade active
Trade closed: stop reached
Trade active
Cypher pattern entry hit.Note
Updated the targets. See below.Trade closed manually
Closing trade at a small profit before FOMCRelated publications
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.