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failathon
7. Jan. 2015 11:54

NZDUSD - Hard trade, but good pay off potentially Long

New Zealand Dollar/U.S. DollarFXCM

Beschreibung

Extended "V" bottom on 4hr, with pennant more visible on 30min
See thepatternsite.com/extendvtopbot.html for pattern details

Risk of false breakouts always possible

So looking at >0.78000 for long to at least 0.80
or <0.774 for short

I could be biased but I always prefer longs for pennants
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