NZDUSD: Another Kiwi Buy

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Yesterday I posted a chart looking at a bullish Cypher pattern on the NZDUSD             . After a move to hit profits during the London session, price action has sharply retraced back into support presenting a double bottom with divergence on the RSI . If this level can hold I anticipate a rally up to at least the 8470 to 8500 level. With the same psychological level being right below the potential reward is well worth the risk in my opinion. "Plan Your Trade, Trade Your Plan"
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hey akil, any updates for kiwi?
Akil_Stokes Trading_an_Edge
Different trading reasons but looking for a move in the same direction so I'm rooting for you! I'd love to see a move like that
Sam0101 Akil_Stokes
i think the bad is completed now? bULLISH ?
Hi Akil, On the hourly, a bullish butterfly is about to complete at 0.8400 flat. Combined with your daily analysis, it would make it an awesome entry point with great risk/reward ratio.
+1 Reply
Nice! Way to combine the higher timeframe analysis with the lower timeframe advanced patterns. Awesome entry reason. Now let's push this bad boy north!
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