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Kaidk

EURNZD Long- 4 Hourly Support and 2 Fibonacci Retracements

Long
Euro / New Zealand Dollar (FX:EURNZD)  
Kaidk Updated   
FX:EURNZD   Euro / New Zealand Dollar
Support and Resistance Fibonacci Trend Analysis EURNZD eurnzdlong eurnzdbuy longsetup Forex forextrading buysetup EUR NZD
5
2
supportandresistance fibonacci trendanalysis eurnzd eurnzdlong eurnzdbuy longsetup forex forextrading buysetup eur nzd
In this trade setup we have some Fib-Ception going on where one is the Daily and the other is the 4 Hourly. Amazingly, they both align beautifully at the 61.8% and 50% on the prior level of Support and Resistance that would be acting as Support. This looks like a great trade!
Comment:
I am looking to take this trade up to the highlighted resistance zone that coincides with the 0.27% Fibonacci extension. This would create a new high that hasnt been seen since September 2015!
Trade active:
Order had just been hit, needs to close above my zone on the 4hr candle.
Trade active:
great entry, did spike to the next fib where we could of added additional positions but i wasnt around. Now 130+ pips in profit. I have moved SL to 1.77669
Trade closed manually:
stop was hit in profit, however im looking to re enter next week upon the testing of our previous entry again to then ride it up!
Comment:
Target smashed!!!!
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