The GBPNZD shot higher last night and hit my final target of 1.8300. It has pulled back sharply in the London session, but could still continue higher from here. My objectives have been met so I am out of the trade. Here are the final results:
1/3 Long at 1.8135 and exited at 1.8300 for 165 pip profit
1/3 Long at 1.7982 and exited at 1.8125 for a 143 pip profit
Normalized: 143 + 165 = 308 x 66.7% = 205 total pips
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PLEASE NOTE: THIS IS AN ELLIOTT WAVE BLOG EXPRESSING AN OPINION AND IN NO WAY GUARANTEES OR IMPLIES ANY PROFIT OR GAIN. TRADE AT YOUR OWN RISK.