JaredJJohnson

600-700 pips profit, thank you very much!

Long
FX:EURNZD   Euro / New Zealand Dollar
Nothing too special about this set up other than the 600-700 pips profit potential!

The EURNZD is top of the list as most volatile pairs in the solar system so be ready for a wild ride if you decide to follow along with this.

We have a massive falling wedge that's breaking out and it appears it's pretty confirmed.

MY entry:

BUY PULL BACKS.

For example, it's now above the falling wedge, any pull backs to retest the trend line, I will buy those dips.

Looking for 1.5700 at the target. Obviously scaling into this trade will be wise, money management can't be stressed enough here.

Jared Johnson
Union Hedge Funds
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.