We have large NZD news coming up in a few hours @ 10 PM EST.
Watch for a break above current consolidation range or a pull back to bottom of consolidation range.
Bias direction is still upwards so I would only look to buy.
Entry:
Enter at breakout of consolidation range 1.7930
Enter at bottom of consolidation range 1.7723
TP 1 @ 1.7962 area
TP 2 @ 1.8196 area
Good luck trading! Please help like these free analysis so others may benefit from it.
Let me know how I can help you.
Charles V
www.cvfxmanagement.com
Trading made simple.
Watch for a break above current consolidation range or a pull back to bottom of consolidation range.
Bias direction is still upwards so I would only look to buy.
Entry:
Enter at breakout of consolidation range 1.7930
Enter at bottom of consolidation range 1.7723
TP 1 @ 1.7962 area
TP 2 @ 1.8196 area
Good luck trading! Please help like these free analysis so others may benefit from it.
Let me know how I can help you.
Charles V
www.cvfxmanagement.com
Trading made simple.
Comment:
Congrats to all those who entered this trade at the breakout of resistance. Trade closed at 60+ pips at first TP level.