Frankco

NZDUSD--looking for a long opportunity

Lång
Frankco Uppdaterad   
FX:NZDUSD   Nyzeeländsk dollar/USA-dollar
5
I think my previous idea of short from high, is not valid now, because given the time and the percentage of price drop during that period exceeded my prediction. Meanwhile, yesterday's lowest low may become the new support line about 0.69746

Therefore, I am looking for a long opportunity in the coming one or two days to confirm the uptrend.
Kommentera:
long at : 0.69736
Target 1: 0.71021
Target 2 : 0.73375

SL: 0.69347

Risk/Reward ratio: 3.17 for T1
Trade stängt: Stopp nått:
SL: 0.69347

0.69736---0.69347

Loss: 38.9 Pips
Seems like I was wrong about the timing, the previous support line did not hold on.
Handel aktiv:
Long: 0.69925
Target: 0.71015
on 12/04/2017 we had a really good hammer at the bottom. Before this trade, I did long at the wrong timing. now it is the time.
Trade stängt: målet nått:
Closed: 0.70289

0.69925---0.70289
Gain: 36.4 Pips

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