forexjunkie33

Potential 2618 Trade on the NZD/USD 1hr chart

Short
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
5
If price action can get back up into the 0.618 retracement we will have a potential 2618 trade available for a short, looking for a move back down.

Entry is at 0.7444

Stops are at 0.7500

Target 1 is at 0.7387

Target 2 is at 0.7310

Move your fib level and target 1 level to suit for entry and target 1

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.