FX618Analysis

SWING TRADING: SHORT NZDUSD! TARGET 0.61450

Short
FX618Analysis Updated   
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
TRADE TYPE: INSTANT ENTRY SHORT
TRADE DIRECTION: SHORT
TIMEFRAME: 4H
ENTRY PRICE: 0.61850
STOP LOSS: 0.62200
TAKE PROFIT: 0.61450
RISK TO REWARD: 1:1

ANALYSIS: Price broke the demand zone and is likely looking to aim for upcoming demand zone. stop loss ideally placed above swing high

Follow this thread for any future updates regarding this specific trade.

CAUTION: Trading outcome is Probability Based and could wipe out your account if risk management and strategy is not followed properly. Cheers
Trade active
Comment:
KINDLY ADJUST STOP LOSS TO 0.62300 LEVEL. RR IS STILL 1:1 IN THIS CASE
Trade closed: target reached
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