Hi traders,

(This trade was already suggested to students)

Here is a very simple analysis!

  • PA touched the resistance turned support. A weekly one that is!!
  • MACD is getting that nice divergence
  • RSI reversal
  • FOMC news dropped confirming trend


For all those reasons.. Here's what I see:

NZDUSD LONG:
ENTRY : 0.7076
SL : 0.70197
TP : 0.72889

Trade safe!

Disclaimer: This is my trading analysis, it is not an invite or recommendation to trade.

Comment
SL above breakeven! We are 60 pips in profit!
Trade closed: stop reached
Closed manually around 136 pips in profit!
Chart PatternsTechnical IndicatorsNZDUSDnzdusdanalysisnzdusdbullishnzdusdbuynzdusdforecastnzdusdlongTrend Analysis

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