Nzd-Usd Position Strategy
Intraday Analysis Overview
Taking Points
- Technical Strategy: Long@.8380
- Trendline Broken On Daily Chart
- Candlestick Pattern: Morning StarTrend is down, but chart showing possible pullback, and this is considerable counter-trend.
On elliottwave, we are able to count five waves down on NZDUSD and considerable we will be in wave 2 / wave B. Price brokendown the bearish trendline with having “Morning Star” pattern on daily chart, which can be quite consider to trade.
Strategy
- Entered long @ 8380 with stoploss @ 8300 for targets 8500, 8570, 8600
Taking Points
- Technical Strategy: Long@.8380
- Trendline Broken On Daily Chart
- Candlestick Pattern: Morning StarTrend is down, but chart showing possible pullback, and this is considerable counter-trend.
On elliottwave, we are able to count five waves down on NZDUSD and considerable we will be in wave 2 / wave B. Price brokendown the bearish trendline with having “Morning Star” pattern on daily chart, which can be quite consider to trade.
Strategy
- Entered long @ 8380 with stoploss @ 8300 for targets 8500, 8570, 8600
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