NZDUSD Sell Second leg down Short

New Zealand Dollar/U.S. DollarFXCM

Description

⋅ Jun 16, 2016 8:07 AM

First leg was till 0.382 Fib, second leg down to 0.5 Fib level. 12 hour candles show high probability selling will continue.
Enter as shown on the chart for a good 1:4.8 RR.

Watch for the CPI news later today!

Good trading all :)

Comment

⋅ Jun 16, 2016 4:29 PM

If you caught this, riding this both ways

Comments

Cenotaph

⋅ Jun 16, 2016 3:29 PM

Reversing my trade, long back up to previous highs