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New Zealand Dollar / U.S. Dollar
Long
May 27, 2018
LONG NZDUSD
2
Grab this chart
Grab this chart
Pros
Above a resistance level.
Resistance level tested 4th times.
Divergences on DXY.
Divergences on h4 timeframe.
Cons
Strong dollar.
The strong of the last bearish impusle.
Stratregy
Buy a half at a market price, and the other half when the HCH is complete.
I prefer to put the take profit at the pivot point 0.7170-0.72(correction of 38.2%) instead of the top of the channel.
pecpec
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lateral
lateralchannel
LONG
NZDUSD
Parallel Channel
Support and Resistance
pecpec
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