olly48

GBP/NZD TP Hit, Wait For Retrace

Long
FOREXCOM:GBPNZD   British Pound / New Zealand Dollar
Another TP hit on this yesterday, now retrace it taking place. Looking for chance to re-enter a long around 0.382 Fibonacci. If price rebounds here target is 1.96382. Looking for a further target beyond that of 1.98041 but that may need to be a separate trade after taking profit and seeing retrace.

Comments

I completely agree. I’ve already entered a long position. Good luck.
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olly48 lauraanneiles
@lauraanneiles, good stuff, best of luck with it
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