Description
⋅ 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!
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
Target 2: 0.71800
Stop remains the same at 0.6948