Morning/evening all,
NZDUSD is setting up nicely, on the daily time frame we can see that price has cleanly taken out it previous highs and confirmed the break out, therefore i am bullish.
I would like to see price retrace back to the highs it previously broke for a retest long.
I will BID just before the highs which is in line with daily ATR and 38.2% retracement.
I'm targeting for just more than 1:1.
Price may never get here, but lets see how the day unfolds.
NZDUSD is setting up nicely, on the daily time frame we can see that price has cleanly taken out it previous highs and confirmed the break out, therefore i am bullish.
I would like to see price retrace back to the highs it previously broke for a retest long.
I will BID just before the highs which is in line with daily ATR and 38.2% retracement.
I'm targeting for just more than 1:1.
Price may never get here, but lets see how the day unfolds.
Trade closed: target reached
Lets keep it up for the new year.