الخميس، 4 أغسطس 2016

Exness - NZDUSD reaching profit target. Remain bearish

Sell entry 0.7210. Stop loss 0.7275. Take profit at 0.7125 and 0.7070.


Reason for the trading strategy (technically) :
Price dropped perfectly from our selling level yesterday and is almost at our first take profit level. We remain bearish but expect a bounce to 0.7210 (Fibonacci resistance) before we sell again for a further drop to 0.7215 and 0.7070.
Strategy would be to take profit now and wait for price to get to 0.7210 before selling again.


Exness - NZDUSD reaching profit target. Remain bearish

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