Expecting to BUY on the pull back Long

Australian Dollar/New Zealand DollarFXCM

Description

⋅ Nov 5, 2015 6:22 PM

I am expecting it to go up a bit higher after the previous break and after quite a deep pull back.
All aboard!

⋅ Nov 27, 2015 12:15 PM

worked out beautifully

Comments

AndreLear

⋅ Nov 5, 2015 6:25 PM

Is there something special about the .382 with this pair or are you looking at the previous price action?

LolliPip

⋅ Nov 5, 2015 6:45 PM

Yes, looking at previous price action (just like target). Wouldn't be surprised if it came down to the 50 or 61.8 fib, though!

AndreLear

⋅ Nov 5, 2015 7:39 PM

I bought in on the way up at exactly where the .382 fib is now. I think I'm going to hold it for the pullback unless it breaks the bottom.