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Norsefx
Apr 22, 2016 9:48 AM

NZDUSD Stairway to heaven part 4. Long

FX:NZDUSD240
New Zealand Dollar/U.S. DollarFXCM

Description

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The pair is continuing to stairstep its way up.

The moves up and down are now equal in lenght both up and down.
Looking to get long at 0.6852 with a 50pip stoploss.
Going for a full lenght move once more, with target at 0.7150

Very nice risk to reward ratio (1 : 5.8 RvR)

Comment

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Rolling stoploss to breakeven.
kiwidollarharmonicmovesNZDUSDriskreward
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