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NZDUSD Trading Setup

Posted on Dec 5th, 2016
by colibritrader
  • Signals
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NZDUSD Trading Setup

NZDUSD Trading Setup

by: Colibri Trader
Dear traders,
The trading idea from last time has really performed great. I was long at around 48.00. The current price is 52.00 and I don’t see a reason to get out of this position. I might add even more upon a decent correction. My target is still 55-60 and will try to hold for as long as possible.

NZDUSD trading setup

The trading setup from today is NZDUSD long. The daily price action
was a bearish rejection, or a pin bar. I will be looking to enter in a long trade at around 0.7125. My stop will be placed just under 0.7070. My price target is the level of 0.7400.
Happy Trading,
Colibri Trader

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One thought on “NZDUSD Trading Setup”

  1. al says:
    December 6, 2016 at 11:47 pm

    nice set up colibri

    Reply

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