gcplau
Short

NZDUSD Wedge Break & Price Action

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
Entry:
Short: 0.6750
SL: 0.6820
PT: 0.6610
RR: 3R
Comment: Manual Close: 0.6715 (profit 50pips)
Reason: Dollar cycle swing up, NZD cycle swing down; pending bounce and seek for short again after PA confirm 20/50MA and wedge top hold.
Comment: Short commence right away, once Dollar up PA is obvious.

Good to short Kiwi short to medium term., later explore if higher yield opportunity from GBP NZD
Comment: oh...mixed up w/ weekly chart.

Downward wedge in Daily is bullish....idea cancel.
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