forexjunkie33
Short

Potential 2618 Trade on the NZD/USD 1hr chart

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
122 9 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
JovanVeskovic
6 months ago
I agree !
Reply
forexjunkie33 JovanVeskovic
6 months ago
Thank you.
Reply
JovanVeskovic
6 months ago
Almost done! GOOD JOB !
Reply
forexjunkie33
6 months ago
Unfortunately we did not get the pullback i was expecting, price action just went straight down.
+1 Reply
rigen
6 months ago
excellent idea. How do you do it ?????

So perfect.

Whats the next week move. Please update. Thank you.
Reply
forexjunkie33
6 months ago
Hi, the actual 2618 trade is no longer valid as we did not get the pullback inti the 0.618 fib retracement, as you can see price action just went straight down.
Reply
forexjunkie33
6 months ago
As for next week i have no idea what this market is going to do, we will just have to wait for another set up that is based on your rules.
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rigen
6 months ago
Any update..................???????
Reply
forexjunkie33
6 months ago
the trade is not valid now, we did not get the pullback.
Reply
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