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Nxdusd

NZDUSD > Strong Level for Sell..Analysis of #NZDUSD similar to my EURUSD analysis just a few minutes ago expect the dollar strength to continue until FED's next rate decision. taking a look at the chart we have trend line resistance and structure resistance level near 0.6620-0.6640 coincide which will make a good level to enter short trade if the rules for entry are met we need to be patient and conservative in choosing our entry ⚡ Be aware that due to the global tension we currently live In, markets are not following or respecting chart patterns and technical analysis. ________________________________________ 💭 | Comment your thoughts below, I always answer. 📥 | Feel free to message me if you have any questions. Thanks for your continued support!
Short
by TheTradersAvenue
17
NZDUSD > Two Possible Setups for Sells and Buys!Analysis on #NZDUSD The NZDUSD has no current setup for me but I am interested in possible setups that may come soon, as you see the market formed a trendline resistance and trend line support as laid on the chart. Sell Setup >> If the market test my trend line resistance level and key resistance zone near 0.7000 big number then I will wait for the market to turn bearish on the lower time frame looking for a reversal pattern, before entering a selling trade with a good risk to reward if the entry rules are met. Buy Setup >> If the market test my trend line support level and key support zone near 0.6700 big number then I will wait for the market to turn bullish on the lower time frame looking for a reversal pattern, before entering a buying trade with a good risk to reward if the entry rules are met. ⚡we need to be extra careful, markets are not respecting technical analysis due to current world circumstances ________________________________________ Dear Traders, the best "T h a n k Y o u" will be your likes and comments! Thanks for your continued support! ________________________________________ Disclaimer: This information is not a recommendation to buy or sell. It is to be used for educational purposes only*
by TheTradersAvenue
14