AUDUSD & NZDUSD Analysis
This is a price behavior approach, for education purposes.
The Price will not travel in a straight line, and it takes a great deal of time & effort for an ongoing primary trend to change.
The situation in the Aussie and Kiwi is similar and the approach must be the same, however, we have a hierarchy in our selection whether to buy or sell.
When buying we prefer to long the Aussie and Sell the Nzd when bearish.
Still trade what you see not what you think.
Forexeducation
NZDCAD Sell 800 Pip Opportunity - ConfirmationMy previous analysis of EURNZD Sell entry was to wait for a daily bear candlestick formation. We now have the green light.
Entry:
1. Sell at retest of weekly downtrend line @ .8920 area.
2. Current price of 0.8897
Indicators:
1. Pair currently trading in downwards channel acting as resistance.
2. Daily Uptrend line has been broken with a close under it.
2. Weekly RSI overbought bulls are weakening.
4. Strong Daily Bearish Candlestick close
TP levels at past support/pivot levels.
Good luck trading!
Charles V
CVFX Management
www.cvfxmanagement.com
@cvfxwealth
Trading made simple.
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Let’s make some money together!
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Let’s make some money together!
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Let’s make some money together!
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Let’s make some money together!
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Let’s make some money together!
USDCAD & USDJPY - Trade Forecast & Recap Good evening everyone, I have broken down in this video my confirmations and reasons for taking both of the trades. Students, i will be following up this breakdown and forecast tomorrow.
I hope you all fount this video insightful and helpful.
If you require anymore information about the education we provide at Alpha Trading Group, please leave a comment or DM us on social media.
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Let’s make some money together!
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Let’s make some money together!
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Let’s make some money together!
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Let’s make some money together!
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Let’s make some money together!
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Let’s make some money together!
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Let’s make some money together!
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Let’s make some money together!
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Let’s make some money together!
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Let’s make some money together!
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Let’s make some money together!