After it's big impulse of the NZDUSD, it needs some correction in order to continue moving up OR to reverse at a critical level where the market rejected multiple times at 1H timeframe and it is a major turning point if you look to the left. --> Small & Easy to catch. --> If market reverse at that turning point with an impulsive bearish move, then extend your take profit target.
ENTRY: 0.70470 STOP LOSS: 0.70670 (20pips) TAKE PROFIT 1: 0.70270 (1:1) --> 1/3 Parochial Profits & Move to BE TAKE PROFIT 2: 0.70070 (1:2) --> 1/3 Parochial Profits & Move SL to 1:1 - 0.7027 TAKE PROFIT 3: 0.69870 (1 :3) --> 1/3 Parochial Profits
HAVE FUN & HAPPY PROFITS ! ! !
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TP1 HIT --> TAE 50% PAROCHIAL PROFITS &MOVE TO BREAK EVEN