NZD USD Timeframe H4. Buy 0.63265 SL 0.62790 TP 0.64415. Daily trend still is downtrend. However, as per current condition, price is hovering around daily resistance area. TF H4 also have falling wedge, MACD divergence and stochastic oversold. TP is based on EMA 200.
Risk to reward 1:2.5
Disclaimer on
May the Pips be with you :)
Risk to reward 1:2.5
Disclaimer on
May the Pips be with you :)
Note
Hit stop loss. I was wrong with writing short, as I was originally thinking for long. Anyway stop loss hit
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.