LONG NZDUSD to 0.71200 and higher target
Updated
Looking to take a long on NZDUSD and hold it for possibly longer than a week given the time of year and the distance it has to travel.
Entry: 0.70105
SL: 0.69792
TP: 0.71395
I will look to take something off of my position with 20 pips in profit and let the rest of the position run.
Stop-loss will be moved the breakeven once 50 pips in profit.
There is a chance that I missed the trade, if that is the case, then I will find another entry point since the profit objective is fare enough away.
I will add updates as the trade progresses.
Entry: 0.70105
SL: 0.69792
TP: 0.71395
I will look to take something off of my position with 20 pips in profit and let the rest of the position run.
Stop-loss will be moved the breakeven once 50 pips in profit.
There is a chance that I missed the trade, if that is the case, then I will find another entry point since the profit objective is fare enough away.
I will add updates as the trade progresses.
Order cancelled
It appears that my original entry point is out of range, check the next post over to see the updated chart for the trade. Idea is still the same, just a different entry point.
Note
Here is the link to the updated chart and trade:
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