GBPNZD: 2618 Trade setup just completed!!
*UPDATE: Stop loss moved to break even*
Hello Traders,
Here we got a 2618 trade setup on 60 min time frame. The trade is with the major trend and the risk to reward is also favorable. Note that 2nd target is at 127.2 extension which is located exactly at previous structure.You can wait for bullish price action since the market did went below the 61.8% level. I already entered with half of my position and I'll enter the other half when I see bullish price action starting to appear. See the chart for more details.
Good Luck :)
Hello Traders,
Here we got a 2618 trade setup on 60 min time frame. The trade is with the major trend and the risk to reward is also favorable. Note that 2nd target is at 127.2 extension which is located exactly at previous structure.You can wait for bullish price action since the market did went below the 61.8% level. I already entered with half of my position and I'll enter the other half when I see bullish price action starting to appear. See the chart for more details.
Good Luck :)