iorek65

NZD/USD Pullback Entry (Limit Buy)

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
3
Two main potentials here in my view (should the market correct that much in the first place that is):

1. .5 - .618 retracement zone becomes demand zone point of reversal
2. A failure of 1 leads to accumulation at a lower level (Cypher pattern)

-Always use a stop
-Trade only with money you can afford to lose
-Be open to multiple scenarios
-It's okay to be wrong about anything
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