NZDUSD - Setup for a long.
Updated
NZDUSD giving us Bullish Bat pattern with a pivot right on the 88.6 fib level. This setup looks not bad, because of divergence we have, but still I prefer to wait for some price action confirmation.
***Trade carefully and have a great week everyone!!!
***Trade carefully and have a great week everyone!!!
Note
No entry, because bears are still in control, now there is one more possibility for price to break the low and then go up, because we are in (w;x;y;x;z) correction on the higher time frame and price can go for the last push to finish the Z wave. I'll try to keep you updated.Note
Moving stop loss to profit and taking half of the position.Trade closed: target reached
Okay guys, I'm taking profit from this one. You should do the same but it is your choice. Target is just a few pips away so I consider this to be a solid winner.
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