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
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..
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