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mickstill

NZDUSD ENTRY ON RETRACEMENT TO 0.7276

Long
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
mickstill Updated   
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
2
0
NZDUSD ENTRY ON RETRACEMENT TO 0.7276
Trade active:
Retracement back to entry level reached and now going into profit.
Trade closed: stop reached:
Trade started off well, retraced back to entry point and reversed back in direction of main trend however has since reversed again and has been stopped out.
Comment:
Weekly trendline has now been broken so there is an opportunity to enter short on a King's Crown setup with a reversal back to 72% of the last wave down on the 4 hour chart.

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