Long Opportunity for NZDUSD

17 Nis 2020

NZDUSD have broken out of a minor support i identified. I have opened a short position from the pullback after the breakout. Risk-reward ratio is slightly lower as i believe there is a higher probability of catching this short move to the upside. Trade SL is placed below previous swing low as a break of the low will invalidate the structure i identified.

Let us hope for the best!

20 Nis 2020

Not

As this is a short term trade, i would suggest anyone that followed the idea to close in profit now or at least set SL to BE. We will only continue to trade this pair when it shows a better price action at its current level