Hi traders,
On the NZDUSD we have two potential entry points. The first one is at the pink trendline. The second one is at the completion of the cypher pattern.
------Trendline------
Entry: 0.715
Stop: 0.7111
Target 1: 0.7233 = R:RR 2
Target 2: 0.7300 = R:RR 3.5
------Cypher------
Entry: 0.701
Stop: 0.6948
Target 1: 0.7122 = R:RR 1.7
Target 2: 0.7193 = R:RR: 2.85
Best of luck!
On the NZDUSD we have two potential entry points. The first one is at the pink trendline. The second one is at the completion of the cypher pattern.
------Trendline------
Entry: 0.715
Stop: 0.7111
Target 1: 0.7233 = R:RR 2
Target 2: 0.7300 = R:RR 3.5
------Cypher------
Entry: 0.701
Stop: 0.6948
Target 1: 0.7122 = R:RR 1.7
Target 2: 0.7193 = R:RR: 2.85
Best of luck!
Trade active
Trade closed: stop reached
Trade active:
Cypher pattern entry hit.
Comment:
Updated the targets. See below.
Trade closed manually:
Closing trade at a small profit before FOMC