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ReyTheHomie
Jun 30, 2021 4:09 PM

NZDUSD LONG TERM TRADE Long

New Zealand Dollar/U.S. DollarFXCM

Description

all my analysis is technical on this trade

first i start off with looking at support and resistance areas

then i see there's a opportunity for a fib retracement , which already did retrace between the 61.8 and 78.6 area
im buying till just below next resistance that could be at.

the trade shown is where my tp1 will be , tp2 like i said is at the resistance bar

long term i see it breaking resistance testing that support bar then flying further
i will update this trade when that time comes

Trade closed: target reached

tp hit sooner than expected
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