Short NZDUSD to Target 1 .50 Fib Level.

All indicators look promising and we are right at the .618 level. If we break below this level and if the candle closes below the middle band enter short. My ideal trade would be 2 microlots (0.02). Close out half of your position at the .50 fib level and monitor price to see if it dips below .50. If so then take profit on other half just before the .382

Trade stängt manuellt:

I closed this trade out. My indicators are starting to turn around and I am not sure we will go much lower. I closed the trade out for a gain of 19 pips.