motleifaul

Breakout Retraced

Long
motleifaul Updated   
FX:NZDJPY   New Zealand Dollar / Japanese Yen
At the 5th February top the retracement of the rise had begun. It looks like to be finished and the rise may continue to test the previous high first.
Trade closed: stop reached
Trade active:
I bought the Kiwis back at a better price as I think that the trend is still intact.
Trade closed: stop reached
Trade closed: target reached:
Sorry, this was a misprint. I am taking the remaining profit, now that the chart doesn't look as favourable any longer. A retracement back down or even a change of the trend seems possible.
It was one of the better deals, of course.
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