#NZDUSD setting up for BIG UP MOVE but expect it to be choppy

Not going to miss the long trade on NZDUSD which is ripe for nice low risk entry. Expect the upmove to climb all the way up to 0.725. Do note the NZD move is expected to be choppy as you can see from previous price action. Therefore don't expect the price to zoom thru to 0.725 level, but before reaching there expect to see couple of deep pullbacks first. Set the trade and forget and let it take it there to the target level.

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Trade outlook is about 30 days
Ramesh is the author of his new book "Trade Forex with Confidence" to show readers how to build a profitable trading system using the 10/20/30 Rule.
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Yorum:

Took profit on 2/3 position @0.714

İşlem kapandı: hedefe ulaştı:

closed my last position at 0.721. The move up is steep and is prudent book the 330pips profit