MoolahMaker

NZD/USD - 50 Pips + Opportunity

Long
MoolahMaker Updated   
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
NZD/USD is currently very bullish and if the current resistance is broken, it can go up 50 pips+ higher.

This is a continuation pattern.
Comment:
Comment:
Here is the chart for USD/NZD (The contrary of NZD/USD). We clearly can see that it's not doing well for the US dollar. I often use this trick to analyse better.
Order cancelled:
This positions was entered a little bit soon. I should've waited for the support to really base itself before entering (The further we wait for a good support, the less bad positions we get into).
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