NZDUSD 2h AutoUFOs™ Trade Alert! 23 August 2019
Execution:
Sell Limit @ 0.6400
Protective Stop Loss @ 0.6425
Take Profit @ 0.6375
Rationale:
Sell Un-Filled Orders (Red UFO ) available in the 2h time-frame
Buy Un-Filled Orders (Green UFO ) further below allowing for the current trend to continue developing
Boosting Options:
Higher time-frame moving average values or Fibonacci retracements coinciding with the entry price
Confirmation-style Market Order execution after waiting for price to travel in and out of the entry UFO
Sell Limit @ 0.6400
Protective Stop Loss @ 0.6425
Take Profit @ 0.6375
Rationale:
Sell Un-Filled Orders (Red UFO ) available in the 2h time-frame
Buy Un-Filled Orders (Green UFO ) further below allowing for the current trend to continue developing
Boosting Options:
Higher time-frame moving average values or Fibonacci retracements coinciding with the entry price
Confirmation-style Market Order execution after waiting for price to travel in and out of the entry UFO