Why I Think NZDUSD Will Continue to Buy
Hey Rich Friends,
I am going to set a Buy Limit order on this idea at 0.59500. If the market revisits this area, my trade will be triggered, and then continue to buy. Here is what I am looking at:
- The candle has crossed above the 200 EMA. If the next candle closes above the 200 EMA, the trend will be confirmed Bullish for me
- The MOM is positive
- The Stoch is facing up, above 50 and the blue line is above the orange line
- These are all Bullish confirmations for me
If you need help understanding Market/Pending Orders, leave a comment below and I will help you!
- Peace and Profits, Cha
I am going to set a Buy Limit order on this idea at 0.59500. If the market revisits this area, my trade will be triggered, and then continue to buy. Here is what I am looking at:
- The candle has crossed above the 200 EMA. If the next candle closes above the 200 EMA, the trend will be confirmed Bullish for me
- The MOM is positive
- The Stoch is facing up, above 50 and the blue line is above the orange line
- These are all Bullish confirmations for me
If you need help understanding Market/Pending Orders, leave a comment below and I will help you!
- Peace and Profits, Cha
Trade active:
Buy limit triggered at 0.59500 and trade is currently in profit.
Comment:
SL Adjusted, market in new demand zone. Fingers crosssedddd
Trade closed: target reached:
TP 1 HIT!
Comment: