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
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Order has been triggered, lets see if price can rally from here.
Comment
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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
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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.