NZD/USD LOOKS LIKE SETTING WONDERFUL 2618 TRADE TO GO SHORT ON THE 61.8 RETRACEMENT OF THE LAST LEG AFTER CREATING A DOUBLE TOP.
WAIT FOR THE PRICE TO CLIMB TO 1.13100 OR SET A SELL LIMIT AROUND THIS AREA TO GO SHORT LOOKING FOR A 1.272 EXTENSION TO BE YOUR TP.
GOOD LUCK EVERYBODY.
WAIT FOR THE PRICE TO CLIMB TO 1.13100 OR SET A SELL LIMIT AROUND THIS AREA TO GO SHORT LOOKING FOR A 1.272 EXTENSION TO BE YOUR TP.
GOOD LUCK EVERYBODY.
WE HAD A PLACED SELL LIMIT ORDER AT 1.13105, JUST BIT BELOW THE 61.8 RETRACEMENT OF THE LAST LEG AND WE WENT SHORT FOR THE TP, THAT WAS PLACED BIT ABOVE THE 1.272 EXTENSION AT 1.12193
AS YOU CAN SEE, WE HAVE ENTERED THE MARKET WITH A HUGE SPIKE ON 26.08.2016 AT 14:00 AND WE LEFT THE MARKET JUST 2 HOURS LATER HITTING OUR TARGET.
I HAVE BEEN WAITING FOR THIS TRADE SINCE THE DOUBLE TOP WAS ABOUT TO COMPLETE, PATIENCE PAYS OFF.
HAPPY TRADING GUYS!