TKfx369

NZDUSD long, for 304 pips

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
3 confluences: BOS and retracement into our 38,2%, nearly our 50%. Massive 4H bearish engulfing candle. Support from our 50,100, and 200 EMA's. Clear trend channel as well, making it easy to trade with the trend. We waited for the shift from HL and HH structure into LL and LH structure, then we entered on the retracement/lower high.
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