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KhaleemAli
Jan 20, 2017 2:08 PM

NZD/USD LONG - Shooting Star/Bounce off Trendline Long

New Zealand Dollar/U.S. DollarFXCM

Description

I have taken out a long trade, a shooting star has formed on the 4HR, price has bounced from the trend line and is also trending upwards.

TP @ 0.72157
SL @ 0.71247
R/R @ 2.13

Trade closed: target reached

Went in the direction of the trend so this made the probability higher of the trade, along with other confluences like the trend line and price action made this trade more solid. A good R/R, take out more trades in the direction of the trend with a good TP just below a resistance level.
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