+8 ticks

If you refer to this post, DOW Weekly Triangle, we are anticipating, and are in the area of some big potential resistance.

Oil was weakening and I took a short, floated a loss, and ultimately had a tight Take Profit order filled.

This trade earned +5 pips – I exited manually. Original take profit was about 15 pips. The price just about got there, but I’m not certain the TP would have been reached, because this pair has something like a 7 pip spread.

I have a daily chart along with an hourly chart

Let’s look for setups keeping the horizontals in mind for targets/stops

There is some news for NZD but not much, meanwhile for USD there is a lot, Wednesday looking to be a big potential mover (Retail numbers)

“The wider picture is bullish within the channel from 0.6345 targeting 0.7100” – FX Street