arieg1985

Possible Long Position for NZD/USD_Trade Plan 2017.06.18

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OANDA:NZDUSD   紐元 / 美元

D1, H4, and H1 are all showing the overall trend is still up with price holding up above MA200.
In H1, after rejected from major D1 resistance area 0.72985-0.73337, price coming back down to major H1 support area 0.71856-0.71913 and then bounced.

Trade Plan 1:
If price pull backs to the nearest support area 0.72234-0.72294 or Fibo Ret 50% and rejected up, can consider to long the market.
Minimum Reward-to-Risk Ratio should at least 2R.

Trade Plan 2:
If price pull backs to the next support area 0.71856-0.71913 and rejected up, can consider to long the market.
Minimum Reward-to-Risk Ratio should at least 2R.

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