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

This ended up being a +49 pip trade, after my take profit missed being filled by a short distance. The 1st chart is hourly, the second is 4 hours. It lasted almost a week.

 

Edit2: We would get out now, with roughly 20 points profit. See last chart.

Edit: This trade is in profit, lets see if we can get out with a profit.

I would be curious to see whether the price can go to the 50 or perhaps between 38 and 50, IF it closes below the 23.6

Lets say if filled the stop loss is 40.29

 

 

 

 

I’ll also be reviewing the weekly Dow chart Triangle soon