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Carnelltrade
Feb 6, 2017 9:18 PM

Buy opp Long

New Zealand Dollar/U.S. DollarFXCM

Description

Been bearish biased for some time for one more move down( take a look at the previous post about this pair), however this pattern will most likely break to the upside. Dxy looking at some possible downside also. Catch the breakout for a good rr. Cheers guys safe trading
Comments
Carnelltrade
Downside is back on the cards for a move downwards, the move up was an OK trade short term, had a feeling this was short lived and we took profit, would normally use a b.e stop for moves over 70 pips as long as the direction toon is clear.
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