NZDUSD Longs - Channel bottom and mean reversion?

16 Okt

So we've hit the bottom of a channel here and it's been a hard fall down, I think it's time for longer term longs, great risk reward entry point right now.

29 Okt

Catatan

So it's fallen lower but is holding at the trendline I had previously note. Here's a good place to add to longs and wait for the pullback. I have relooked at my channel and adjusted. If nothing else we'll get out at breakeven but I'm confident of a profitable longer term trade here.