FX:NZDUSD   New Zealand Dollar / U.S. Dollar
31 views
1
31 2
price is unusually surging upwards without closing the D1 gap.
h4 also shown bear engulfing pattern.
i really wish to enter now but will wait for better risk reward at 0.7820.
looking to close out half at target 0.77410 and other half at 0.7640.
stop loss above the pin bars @ 0.786. only close out position if h4 successfully closed above those pin bars.
easy pips.
Reply
WATCH OUT FOR THIS H4 BAR CLOSE. IF PRICE CLOSE ABOVE 0.7762. MOVE YOUR STOP TO BREAKEVEN AS PRICE COULD BE BOUNCING BACK TOWARDS THE UPPER WEDGE TRENDLINE. NO GAIN IS BETTER THAN LOSS.
THE CLOSING OF THIS H4 BAR IS KEY TO WINNING THIS TRADE. IF PRICE CLOSE BELOW 0.7750, PRICE WILL CONTINUE TO TUMBLE. CAN LOOK TO EXTEND YOUR PROFIT TARGET TO 0.7705.
WAIT FOR THE BAR TO CLOSE, DO NOT RUSH ANY ACTIONS.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out