Second only GBPNZD looks to be in the EARLY stages of a powerfull multiyear uptrend. Just zoom out. In addition to the strong technicals there is a strong macro case story here about diverging economies. I'll spare you the lecture. I've been trying to get on board this rocket safely for a few weeks now.
Here's the plan:
I'm risking 10% of my free capital on this beast. It's a volatile pair and absolutly requires wide stops. Reduce your size to a level where you can afford to use wide stops, otherwise you are wasting your time and money. Let it run.
Entry: 2.3160
Stop loss: 2.2650
Trailing stop: 1200 pips. Let it run.
Target: 3.000
Here's the plan:
I'm risking 10% of my free capital on this beast. It's a volatile pair and absolutly requires wide stops. Reduce your size to a level where you can afford to use wide stops, otherwise you are wasting your time and money. Let it run.
Entry: 2.3160
Stop loss: 2.2650
Trailing stop: 1200 pips. Let it run.
Target: 3.000