The808Trader

More Kiwi Weakness? - Ichimoku EUR/NZD Long Trade Setup

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FX:EURNZD   Euro / Dólar Neo-zelandês
This pair has seen a really nice bullish trend since its original kumo breakout a couple weeks ago. I am looking to hop into a trend continuation here to catch some more bullish movement. I've set a buy entry above our current candle, but a more conservative entry would be at or above the wick of the most recent structure high. I've drawn out some partial take profit levels where I can look to take some profit and risk off the table should this setup advance my way. If price fails to break higher or hold support, this setup may become invalidated. 

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