AJDayTradr

GBPNZD 2 fib opportunities a long and a short

OANDA:GBPNZD   GBP/NZD
Going to play either a momentum long move with a 61.8% retracement , or will be short the market at the 127% extension. Planning to let the market decide where it wants to go and take a good RR. Both trades are over 3:1 risk reward:
LONG @ 1.7740
S/L @ 1.7594
TARGET @ 1.8150

SHORT @ 1.8030
S/L @ 1.8105
TARGET @ 1.7820
Comment: Sell zone no longer valid as the price action retraced to the 38.2%. the buy zone is still valid
United Kingdom
United States
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
中国
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out