Tickmill

Monday, 11 July 2011

Trade Setup NZDUSD


Trade Setup for NZDUSD 4H TF based on harmonic pattern 'Butterfly Bearish'. So for the trade confirmation.

1. Gann need to FLIP DOWN
2. RSI below 50
3. MACD (MA Cross & Histogram below zero)
4. So for now .. we will wait and see :)
___________________________________________________________________________________

12/07/11@12.00am local time / 11/07/11@16.00GMT
  • Trade Triggered: Trade Entry @ 0.8294, (Chart Here)
  • SL @ 0.8343 or 0.8399
  • TP1@0.8245, TP2@0.8202, TP3@0.8159
  • ------------------------------------------------------
  • TP1 Hit  -- Already closed half of my position (01.45 GMT)

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