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WaterTree

Long NZDUSD Swing trade to 0.71200 and higher

Long
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
WaterTree Updated   
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Analysis Chart Patterns NZDUSD nzdusdsignal nzdusdlong nzdusdtrade signalservice swingtrading swingtrader nzdusdbreakout nzdusd4hrs
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trendanalysis chartpattern nzdusd nzdusdsignal nzdusdlong nzdusdtrade signalservice swingtrading swingtrader nzdusdbreakout nzdusd4hrs
Looking to take a long on NZDUSD and hold it for possibly longer than a week given the time of year and the distance it has to travel.

Entry: 0.70352
SL: 0.69866
TP: 0.71488

I will look to take something off of my position with 20 pips in profit and let the rest of the position run.
Stop-loss will be moved the breakeven once 50 pips in profit.
Trade active:
Order has been triggered, lets see if price can rally from here.
Comment:
There is a chance that we may have to bail on this trade and wait for a deeper retracement before going back in long. Will keep you all updated.
Trade closed manually:
Closed this trade due to the retracement lower. This pair is still due for upside, but it must first trade a little bit lower before it can do so.
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