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NZDUSD - Hard trade, but good pay off potentially
New Zealand Dollar / U.S. Dollar
Long
NZDUSD - Hard trade, but good pay off potentially
By failathon
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Jan 7, 2015
6
Jan 7, 2015
Extended "V" bottom on 4hr, with pennant more visible on 30min
See
thepatternsite.com/extendvtopbot.html
for pattern details
Risk of false breakouts always possible
So looking at >0.78000 for long to at least 0.80
or <0.774 for short
I could be biased but I always prefer longs for pennants
failathon
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