NZDUSD : SAME OLD STORY, DROP INCOMING
Hey guys!
We shift our focus on the NZDUSD this week. We have a great RR trade here. See the chart for the analysis. Also it is important to mention that the RSI and MACD are telling us that we have stalled in this uptrend. Maybe the drop isn't imminent as these indicators can stay high longer than a trader can hold a position but we will have a correction coming very soon I think.
Trade safe!
We shift our focus on the NZDUSD this week. We have a great RR trade here. See the chart for the analysis. Also it is important to mention that the RSI and MACD are telling us that we have stalled in this uptrend. Maybe the drop isn't imminent as these indicators can stay high longer than a trader can hold a position but we will have a correction coming very soon I think.
Trade safe!
Trade active
I opened short @ 0.7344SL is already under breakeven!
Let's get it!!
Trade closed: stop reached
PA touched on trailing SL on NFP FridaySuch a shame because we are back right where we were before. We still banked 50 pips before selling!
Good job to everyone
Trade active
Re-opened a trade of this pair. We have a perfect wick on the 0.618.
SL : 0.7299
TP1 : 0.70969
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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.
Disclaimer
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.