LDForex_

NZDUSD- Ascending Channel

Long
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
There is good long opportunity for NZDUSD of the retracement on the demand zone which is also in line with the 23.6% fib level.
Another confluence will be the EMA acting as support and price also retracing from the EMA .
A very strong buy signal for this pair.
Comment: I made a mistake as the Fibonacci was the wrong way round as I was looking for bullish signals. This would have been a very good short trade and have a good risk to reward ratio!

Mistakes happen as long as we learn from our mistakes and improve each time, we will become better!

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