NZDUSD: Long Opened Today
Updated
Hey guys, here we go again.
Im thinking of publishing every trade i take here for a time from now, what do you think about it ? Leave a comment.
Today in US Market Session we entered a buy on NZDUSD. Above you can see our analysis on this pair on the 4h timeframe. Price formed a support zone (marked in the grey box) - even on the daily. The lowest low is a fake out with a divergence indicating a trend change. Trend already had 2 correction waves (marked in yellow boxes) and we are looking to buy the next wave up to the last high. Honestly, as i mentioned before, the daily looks good for a buy also, so maybe the take profit will be much more pips. Will keep you updated as always.
Stay safe.
Im thinking of publishing every trade i take here for a time from now, what do you think about it ? Leave a comment.
Today in US Market Session we entered a buy on NZDUSD. Above you can see our analysis on this pair on the 4h timeframe. Price formed a support zone (marked in the grey box) - even on the daily. The lowest low is a fake out with a divergence indicating a trend change. Trend already had 2 correction waves (marked in yellow boxes) and we are looking to buy the next wave up to the last high. Honestly, as i mentioned before, the daily looks good for a buy also, so maybe the take profit will be much more pips. Will keep you updated as always.
Stay safe.
Trade active
Stop Hunt down. With the right risk management it’s no problem.Trade closed: target reached
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