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TheBulltrader
Oct 12, 2016 9:15 PM

nzdusd Long

New Zealand Dollar/U.S. DollarFXCM

Description

nzdusd has been in this bearish channel for a while. On the daily timeframe yesterday, price action closed as a green doji. This trade is considerably risky but I am betting for a retracement for nzdusd. Current price is near monthly trend line as well.

Comment

got stopped out for -25 pips.
Comments
GoldHunter
I agree on this setup, but quite risky , I am waiting for a bullish impulse then a retracment to long
TheBulltrader
Yes its super risky, hence why I'm using like a 25 pip stoploss. Trying to land a big trade
GoldHunter
I am convinced , got in . thanks !
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