Same Idea as the other 3 NZD pairs which has almost exact same patterns. So we have same approach too...
Since NZD has been very strong last week, we expect for it to continue this week for more upside as a possible retracement only on lower timeframe.
So don't forget to manage your trade properly. If you decide to follow this trade, make sure to trail your stop every time a TP gets hit.
BUY ENTRY: 0.869
TP1: 0.874
TP2: 0.880
TP3: 0.888
SL: 0.854
Since NZD has been very strong last week, we expect for it to continue this week for more upside as a possible retracement only on lower timeframe.
So don't forget to manage your trade properly. If you decide to follow this trade, make sure to trail your stop every time a TP gets hit.
BUY ENTRY: 0.869
TP1: 0.874
TP2: 0.880
TP3: 0.888
SL: 0.854
Trade active:
Great! Another Buy Order triggered too!
Trade now active and let's make sure to manage accordingly.
Trade now active and let's make sure to manage accordingly.
Comment:
Comment:
1st take profit hit..
Time to move SL of remaining orders 5 pips above buy entry and wait for price to come to our next target...
Time to move SL of remaining orders 5 pips above buy entry and wait for price to come to our next target...
Comment:
Trade closed: target reached:
Trade closed at breakeven after hitting Target 1 only for 50 Pips profits...