NZDUSD bullish entry at the 50% Fibonacci retracement Long

New Zealand Dollar/U.S. DollarFXCM

Description

⋅ Sep 24, 2016 9:50 AM

Hi traders,

On this pair I'm looking to enter long at the 50% Fibonacci retracement, which is located at previous support and resistance. I will place the stop below the 61.8% Fibonacci retracement.
Entry: 0.72169
Stop: 0.71303
Target: 0.73557 = R:RR 1.60

Good luck! Updates will come.

Trade closed: stop reached

⋅ Oct 13, 2016 8:42 PM

Comments

KaQing

⋅ Sep 25, 2016 12:36 PM

Nice one!