exploration
Long

Falling Wedge Strategy NZD/USD ...231 pip move

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
503 2 1
Setup : Place a buy when price breaks out of the falling wedge and goes up...231 pip move. Trading tip: Please look for any updates on my charts.

Video tips on placing profit target and stop out http://www.informedtrades.com/3355-falling-rising-wedge-trading-strategies.html

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Update correction: Thats a decending triangle instead of a ascending triangle .....all the information is correct for a sell :) smiles and waves
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Update: This wedge also has an Ascending Triangle probability were price may break below and go down ..see this chart ... either way place trade according to the breakout..
Ascending Triangle Strategy NZD/USD 206 pip move
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