themarketzone
Short

Bearish Butterfly in focus after bullish setup reached target

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
246 0 10
Bearish Butterfly pattern on $NZDUSD:
Entry (for conservative traders) below 0.7
Stop loss above 0.705
First target - 0.69
More potential targets - 0.68 and final target 0.66

Tomer, The MarketZone
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Comment: On its way towards target zone.
Short term targets reached
Comment: First Target Zone (daily) reached - Trend line is being tested right now
Comment: Price is below the trend line. 0.68-0.685 is now a resistance zone.
Potential sell zone for a continuation trade that will lead NZDUSD towards 0.665
Comment: Read more http://goo.gl/XYpdSn
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