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AndreM.Moldegard-Eriksen

Long trade w/ 4 entries, NZDUSD 4h

Long
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
AndreM.Moldegard-Eriksen  
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
NZDUSD nzdusdlong Fibonacci Exponential Moving Average (EMA) rsi14 Relative Strength Index (RSI) Moving Average Convergence / Divergence (MACD)
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0
nzdusd nzdusdlong fibonacci ema rsi14 relativestrengthindex macd
NZDUSD is trending up, with EMA 25/50/100/200 showing uptrend, as well as RSI trending up, MACD having a reduction of short pressure and SM is trending up with higher tops and higher lows. As such I will enter one position at .696, as well as a three orders at fibonacci level 38.2, 50 and 61,8. These fibonacci levels are close to the EMA levels, which should provide extra support. TP is aimed at previous top, which is .705.

Entry 1: .696
Entry 2: .694
Entry 3: .69
Entry 4: .687
TP: .705
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