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J_layseca
Feb 28, 2019 7:35 PM

NZDUSD LONG SET UP Long

New Zealand Dollar/U.S. DollarFXCM

Description

3rd bounce from the trendline
outside the daily H/L
Stop just under a previous low, tp just a little below the weekly lvl, but at the same lvl that a previous day high

BUT, we dont have emas crosing, we dont have a precise candlestick formation on the lower TF, so its just a posibility. but given the dollar weakness I think this could play out.

If we go to retest the purple horizontal line and break the trendline, could fall to lower side of the trendline, and might enter with a clean retest
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