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Lenguito_Forex
Jan 4, 2021 7:29 AM

NZDUSD - BUY Long

New Zealand Dollar/U.S. DollarFXCM

Description

Morning/evening all,

NZDUSD is setting up nicely, on the daily time frame we can see that price has cleanly taken out it previous highs and confirmed the break out, therefore i am bullish.

I would like to see price retrace back to the highs it previously broke for a retest long.

I will BID just before the highs which is in line with daily ATR and 38.2% retracement.

I'm targeting for just more than 1:1.

Price may never get here, but lets see how the day unfolds.

Comment

Minimum drawdown and straight to profit, great trade!

Lets keep it up for the new year.

Trade closed: target reached

Comments
Kizuma
Nzd usd looks always bullish like bitcoin
Lenguito_Forex
@Kizuma, Not currently trading bitcoin, no stats on it as of yet.
Sophi2018
Nice chart
Lenguito_Forex
@Sophi2018, Thank you!
fxpays
this was a fire trade
Lenguito_Forex
@fxpays, This trade played out very nicely! Onto the next one!
TRADESBYZION
Agree
Lenguito_Forex
@TRADESBYZION, Great, lets see how it plays out today!
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