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drin
Jun 6, 2016 10:42 PM

NZDUSD LONG OPPORTUNITY Long

New Zealand Dollar/U.S. DollarFXCM

Description

NZDUSD is making an ABC correction on 1H chart, you can buy the bounce off the trendline+0.382 fibonacci which would be a nice confluence or for a more conservative entry wait for the breakout of the trendline before buying.1st target would be 1.27 extension and 2nd target 1.618 fib extension.

Trade active

Trade closed: target reached

1st target met : 1.27 extension
2nd target also met : 1.628 extension
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