Looking to take a long on NZDUSD and hold it for possibly longer than a week given the time of year and the distance it has to travel.
Entry: 0.70352 SL: 0.69866 TP: 0.71488
I will look to take something off of my position with 20 pips in profit and let the rest of the position run. Stop-loss will be moved the breakeven once 50 pips in profit.
Trade active
Order has been triggered, lets see if price can rally from here.
Note
There is a chance that we may have to bail on this trade and wait for a deeper retracement before going back in long. Will keep you all updated.
Trade closed manually
Closed this trade due to the retracement lower. This pair is still due for upside, but it must first trade a little bit lower before it can do so.
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