NZDUSD Long after breakout

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
40 0 5
10 months ago
NZDUSD             has made a breakout of both the channel it was in and the double top formation made in late 2015. Currently waiting for a retest of the double top to enter LONG. Price is currently consolidating in a bull flag formation.

Keeping S/L fairly tight as any break below the double top indicates a false breakout. There is hardly any resistance until 0.716 area so aiming high. This is highly dependent on the NFP and unemployment data coming out on Friday so I will be watching closely for that.

Entry: 0.6879
S/L: 0.6850
T/P: 0.7160

Thanks for looking, good luck!
10 months ago
Order cancelled: Relatively good employment news for FED means staying out of this one and all USD pairs for now
Ideas Scripts Chart
United States
United Kingdom
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out