nzdusd 3H Long

FX:NZDUSD180

New Zealand Dollar/U.S. DollarFXCM

Description

⋅ May 14, 2018 12:38 AM

Might be a good point to enter long for the daily pin bounce off of structure. 1:3RR

Comment

⋅ May 14, 2018 5:17 AM

I'm not going to move or touch anything because just -1R but nzdusd 12H chart is making strong case for downside action. It could all be based on the monthly bars move down.

Trade closed: stop reached

⋅ May 14, 2018 5:26 AM

Out for -1R

Comments

pjtpeter

⋅ May 16, 2018 2:25 AM

reversal happening.

marketdiverfx

⋅ May 16, 2018 2:27 AM

@pjtpeter, Yes, I just posted a new 4H chart where I might have caught the reversal, won't know yet until it goes up 100 pips or so. See what happens.

marketdiverfx

⋅ May 16, 2018 2:31 AM

@marketdiverfx, If price breaks .69236 to the upside, then I'd believe in a larger scale reversal, because of a new structure high.

thdehddns

⋅ May 14, 2018 12:41 AM

0.715???

marketdiverfx

⋅ May 14, 2018 12:44 AM

@thdehddns, Bingo, my daily target is .71410, there about.