NZDUSD Sell Setup Short

New Zealand Dollar/U.S. DollarFXCM

Description

⋅ Feb 1, 2017 10:52 AM

Pair made a false break on the D1 chart and completed a bullish cycle on the H4 chart. I'm looking to sell inside the 38%-50% fibonacci retracement zone.

Target 1 - twice the SL
Target 2 - 0.71
SL - above last high