lyl89
Long

NZDUSD - Bullish Crab Setup on H1

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
A bullish crab pattern has completed on the H1 time frame.

I just saw this, price had went through the Potential Reversal Zone.

However, price seem to be picking up again.

I am looking to long this pair tomorrow morning.

Trade active: I longed @ 0.72365, hope it goes in my favour.
Comment: Trade is still open at about 40 pips profit, SL shifted to break even.
Trade active: TP1 hit with 65 pip profit =)
Trade closed manually: Price has broken the 45 degree angle trend line, decided to lock in the rest of the profits =)
Hi Great analysis sir..............do you consider news onto your analysis this will go up? thanks
Reply
lyl89 CarlosReyes
Hi Carlos, I do focus on the economic calendar as well.

The NZ trade balance results just released a few hours ago, not much impact even though worse than expected.

I'm in the trade now, long at 0.72365.
Reply
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