NZDPLN trade ideas
New zealand's attackerNot only crypto, wolves🔥
Now we have such a clear symmetrical triangle on NZDPLN currency pair.
There was a strong bullish sentiment before.
According to the Elliott Waves theory all the waves are done and the price broke resistance zone .
So now the price may increase rapidly or enter into the correction to the retest new support zone .
Follow the chart and look for the best price to enter carefully.
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And always remember: "we don't predict, we react".
NZDPLN Going Down.Bearish trend on this one and it seems to be chasing 2.3503.
Once confirmation is set and the indicators agree with this bias, you can set your SL. My ideal SL is shown in there.
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Ideas in this page are speculative and not a financial market investment advice , please apply your own analysis and confirm it with price action.
Kiwi-Zloty - market neutral hedge #3NZDPLN performing ahead of G10 exchange rates.
Shorting a bit late from 2 standard deviations of
SMA in price on the daily chart but expecting a target
near the mean.
