NZDUSD short trade with great risk:reward
Hi all,
After losing around 55 pips on the short entry NZDUSD a few days ago, I am willing to try it again in the upcoming week.
The 0.688 area looks like a good entry to me to go short.
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INFO ON THIS TRADE
Entry: 0.688
Stoploss 0.6932
Target 1: 0.6753 (Risk:Reward = 1 : 2.29)
Target 2: 0.66512 (Risk:Reward = 1 : 4.64)
Target 3: 0.6436 (Risk:Reward = 1 : 8.44)
Best of luck!
After losing around 55 pips on the short entry NZDUSD a few days ago, I am willing to try it again in the upcoming week.
The 0.688 area looks like a good entry to me to go short.
-----------------------------------
INFO ON THIS TRADE
Entry: 0.688
Stoploss 0.6932
Target 1: 0.6753 (Risk:Reward = 1 : 2.29)
Target 2: 0.66512 (Risk:Reward = 1 : 4.64)
Target 3: 0.6436 (Risk:Reward = 1 : 8.44)
Best of luck!
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