New Zealand Dollar / U.S. Dollar
Long
Updated

Weekly Engulfing Candle

Looks like a weekly engulfing candle. I am waiting for a a little pullback but I think a good 60-100 pip trade to the upside. I will be keeping an on the daily for a good entry. It broke though the downward wedge on the daily.

This is not investment advice. Everyone should develop their own strategy and keep to it! Good luck!
Note
I think I am going to wait until tomorrow morning before entering. I would like to see a strong movement to the upside on the 4 hour chart before enter.

Disclaimer