matpjoe
Long

NZDUSD TESTING STRONG SUPPORT

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
151 0 7
Price just enter my buy limit area which i have mark as strong support. Since lot of trader are aiming at this price, the possibility of fakeout happen is very high. TP2 will be max, but i prefer to look at TP 1 price action before decide the new position. This is swing setup where money management is very important.
Trade active: Trade active, with buy limit po around buy limit area
Comment: price leaving the buy limit area. could take weeks to reach tp1
Comment: still hold my buy
Comment: just reach half of the target, this is troubled area where price could make sharp turn or continue uptrend
Comment: Reaching troubled areas, possibly will continue after NFP. This is the second week i am holding all my buy position.
Comment: new chart update
Comment: holding my buy position for the 3rd week. around 50 pips to go for the first tp
Trade closed: target reached: TP 1 REACHED after 3 weeks. TP2 distance is about 40PIPs more. Enough for TP1.
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