tinypotatodotca

If wedge continues, could be decent r/r for long

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
38 0 3
3 months ago
IF the wedge continues, NU might reach a decent area for a LONG trade that offers good risk reward.

*** This is only valid if the higher lows continues and offers a decently small area to put a stop loss below.

However, there is some concern as there was a double top.

We will have to see if the pattern emerges
3 months ago
Comment: Looks like the wedge isn't emerging. So this idea is no longer valid
3 months ago
Comment: Actually, I'm silly, could be a slightly shallower wedge as my original line is flawed
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