this analysis is still valid in my opinion, just the entry was too low. But I understand he wanted low risk/high reward trade so it's a perfectly good analysis!
I am going to enter short between 151.10 - 151.30, with a higher stop loss around 151.70. Target the 0.764 fib around 149.7 + 0.618 fib at 149.7 also. 2nd Target around the bottom 147.7 which is also 0.618 fib of the longer uptrend in september.
Goodluck :)
BuyGanyo
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Win some lose some.I won NZD too
MarcelMartins
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SL hit, but its ok, i've won on your NZD analisys and im still winning there, thx mate.
Thx!