Signal closed at -52 pips

NZD/USD Rising Wedge

Position:
Short
Symbol:
NZD/USD
Timeframe:
H1
Trigger:
0.65676
Target:
0.64937
Price Stop:
0.66189
Time Stop:
Entry:
Sell Market
Results:
-52 PIPS

Signal Instructions

There are two open trades right now that are rising wedges. This one and another on the USD/CHF. Because these two pairs are negatively correlated for the most part that will help offset some of our risk. One of these setups should give us a great profit while the other may stay somewhat stagnant and or lose a bit. In either scenario if we take both trades we should come out net profitable.


Signal Updates

Trade closed at stop loss.