1-1-18 trend break + 0.618 + fractal long trade Long

New Zealand Dollar/U.S. DollarFXCM

Description

⋅ Jan 2, 2019 1:45 AM

Trend broken,0.618 trade likely. Looking at previous weekly fractal
for clues suggests entry at 0.618 with 2.5:1 risk:reward ratio

US dollar is currently falling but should reverse
this is somewhat worrisome

Order cancelled

⋅ Jan 2, 2019 7:13 PM

US Dollar is on a tear. Long kiwi short dollar does not seem advisable