Get started
GemtradesFX

NZDUSD long opportunity

Long
New Zealand Dollar / U.S. Dollar (CURRENCYCOM:NZDUSD)  
GemtradesFX  
CURRENCYCOM:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Lines Fibonacci Double Top or Bottom gemtradesfx NZDUSD nzdusdlong
1
0
trendline fibonacci doubletoporbottom gemtradesfx nzdusd nzdusdlong
WEEKLY TIMEFRAME
- Bullish engulfing candle

DAILY TIMEFRAME
- Double bottom
- Currently sitting in the 'golden pocket' of the fibonacci
- Daily candle closed at the 0.71 fibonacci

4 HOUR TIMEFRAME
- Breakout of the descending trendline
- Again, currently sitting in the 'golden pocket' of the fibonnaci

Small retest likely. Looks like a lovely long trade.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.