NZD/USD IDEA

Currently price is trading against support level
between 6023 to 5985
Possible Double bottom could form
Would look to SHORT on a close and retest below 5985
To the UPSIDE a close above 4H BOS and descending trendline
could be a BULLISH signal

Zlecenie aktywne:

I am currently SHORT @ .5961 (missed my ideal entry) emergency stop is @ .6040
Target is as per chart.
DXY is currently around the 103 area
Will look to add on any retest of 1H structure.
My risk is only 0.25% at moment

Zlecenie aktywne:

Added position @ .5964 stop moved to .6007 total risk is now 1%
Target remains @ .5862
DXY now trading above 103

Zlecenie aktywne:

Closed 80% of my position at 50 pips
STOP moved to breakeven