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
the trade is not valid now, we did not get the pullback.
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Any update..................???????
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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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Hi, the actual 2618 trade is no longer valid as we did not get the pullback inti the 0.618 fib retracement, as you can see price action just went straight down.
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excellent idea. How do you do it ?????

So perfect.

Whats the next week move. Please update. Thank you.
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Unfortunately we did not get the pullback i was expecting, price action just went straight down.
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Almost done! GOOD JOB !
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I agree !
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forexjunkie33 JovanVeskovic
Thank you.
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