NZDUSD 4HR CHART HAS PRODUCED A SIGNIFICANT REVERSAL CANDLE....
YEAH YOU GOT IT RIGHT THE HAMMER,
ALTHOUGH THIS HAS NOTHING TO DO WITH ANY PREVIOUS PRICE ACTION ACCORDING TO MY ANALYSIS
BUT STOCHASTIC HAS GIVEN IT'S OWN BUY CONFIRMATION, NZDUSD HAS ALREADY STARTED IT'S BULLISH MOMENTUM AS YOU CAN SEE THE NEXT CANDLE AFTER THE HAMMER IS A CONFIRMATION OF IT'S NEW BULLISH MOVE. BUY NZDUSD AND SET A MAXIMUM OF -30PIPS STOP LOSS
AND +70 TAKE PROFIT
YEAH YOU GOT IT RIGHT THE HAMMER,
ALTHOUGH THIS HAS NOTHING TO DO WITH ANY PREVIOUS PRICE ACTION ACCORDING TO MY ANALYSIS
BUT STOCHASTIC HAS GIVEN IT'S OWN BUY CONFIRMATION, NZDUSD HAS ALREADY STARTED IT'S BULLISH MOMENTUM AS YOU CAN SEE THE NEXT CANDLE AFTER THE HAMMER IS A CONFIRMATION OF IT'S NEW BULLISH MOVE. BUY NZDUSD AND SET A MAXIMUM OF -30PIPS STOP LOSS
AND +70 TAKE PROFIT