Price hit major support and bulls are already in for a swing trade buying from the dip. Holding this position for few months targeting 500-550 pips profit. Good luck guys
in Week chart :https://www.tradingview.com/x/tNOZuc4S/ in Daily chart: H4:
Sideway down.
Still there wait the good position MFL: Stoch:
TARGET: 47 PIPS TP1: 0.67576 TP2: 0.67320 SL: 0.68515
Price broke the consolidation strongly to the up side, came to the retest as made a false breakout. I´m going long!
Looking to take a long on NZDUSD and hold it for possibly longer than a week given the time of year and the distance it has to travel. Entry: 0.70105 SL: 0.69792 TP: 0.71395 I will look to take something off of my position with 20 pips in profit and let the rest of the position run. Stop-loss will be moved the breakeven once 50 pips in profit. There is a chance...
Looking to see if we can get another opportunity to enter in at 0.70670. I am expecting price to trade up into 0.71096. The stop loss is placed at 0.70383 This will be a decent retracement from the current downtrend. It will be interesting to see what happened once we get above those relatively 3 equal highs.
ITS A SHORT TRADE BUT LETS SEE HOW IT GOES. AFTER IT HIT OUR TARGET WE MIGHT SEE A STRONG BEARISH MOVEMENT TOWARDS MY EXTENDED FIBONACCI AREA..
Our preference: short position below 0.6915 with targets at 0.6870 & 0.6850 in extension. Alternative scenario: in excess of 0.6915, aim for a continuation of the increase with 0.6950 & 0.6970 in the line of fire. Comment: as long as 0.6915 is resistance, trading range with a bearish bias.
Hi traders!I hold a point:Good charts does not need more words to explain! Good luck!
Hi traders!I hold a point:Good charts does not more words to explain! Good luck!