Short NZDUSD – test of breakout to downside level

4 thg 5, 2015

Trading idea on 1h chart:
Short NZDUSD – test of breakout to downside level
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Trading idea: limit sell order at 0.7540, Risk-Reward = 6.67
SL@ 0.7555 (-15), TP@ 0.7440 (+100)
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NZDUSD:
- downtrend on 4h and 1h chart
- retest of breakout level at 0.7540-0.7550
- next move should be lower to 0.7484 (Target1) or more probably to 0.7440 (final target)
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