christof21

NZDUSD short reversal trade off daily resistance levels

Short
christof21 Updated   
FX_IDC:NZDUSD   New Zealand Dollar / U.S. Dollar
So I'm just marking up really clear and obvious levels of support and resistance starting on daily charts. NZDUSD looking really obvious to me with a slight descending trend line and a couple of horizontal resistance lines.

I've marked up a trade that I've placed with my broker waiting to see if the levels get tested again.
Trade active:
This has now triggered for me and at the time of updating is 30 pips to the good. Not far enough yet to start thinking about managing stops as it's a longer term trade. So nothing to do
Trade active:
Trade continues to run in favourable direction. Still no trade management yet to do.
Trade active:
First target has been reached this morning. I've not moved stop in to entry and will trail this trade.
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