NZDUSD - Wait for pullback and buy

Short term traide -- Pending Long

Wait for wave 3 and 4 to end then go long up to wave 5

(For better view of the overall move look at my older post).

Note

Entered this trade with pending orders at Fib levels 1.272 and 1.000
SL 1pip below wave 1 at first then moved to 0.6635 (break-even for second entry and 24pips risk for first one).
Closed both entries at 6660 when price could not go past 1.618 Fib level.

Results :
Entry 1 : -3pips
Entry 2 : +22pips

So, overall not much won...

Trade closed manually

ElliottWaveBelgium

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ElliottWaveBelgium

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