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The808Trader

NZD/USD Long Ichimoku Trade Idea - The808Trader.com

Long
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
The808Trader  
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators NZDUSD nzdusdlong Bullish Patterns ichimokukinkohyo ichimokuforex ichimokuchart the808trader
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trendanalysis chartpattern indicator nzdusd nzdusdlong bullish ichimokukinkohyo ichimokuforex ichimokuchart the808trader
This pair has been on a nice bullish breakout and barring bad economic data, I'm expecting this run to continue. I am waiting for a drawback to enter a longer term swing. My entry level is based off support on the daily which is where we may drop to on the 4 hour chart. So, I am looking for an entry around .7173 and I'm targeting a previous high of  .7515 as a long term target, with .7348 as my first TP level. If I do enter I'll be setting a stop all the way back at the bottom of the cloud and previous support around .6988
If any of my bullish confirmations change then this trade may be invalidated
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