DariusAnucauskas
Short

NZDUSD - Daily - I'm still sticking to my idea.

FX_IDC:NZDUSD   New Zealand Dollar / U.S. Dollar
So, the idea with the Head-and-Shoulders worked out nicely. We got our break to the downside. Now the question is, how far we will drop?

If applying the standard calculated projection target that comes under the H-a-S rules, then I've marked it with that little box, around the 0.69 are.
So far, this pair has been following the text book. Let's see if it will continue doing that.

For an entry, well, that's a tricky one. I wouldn't say now. Wait for it to show some weakness in the short-run and then jump in.
Or, you could set some SELL Orders around the previous lows, around 0.71400 . And then aim for lower.

I would consider this pair to be bullish if it would get back above the H-a-S Neckline.

But, as always... hey, what do I know. You be the judge.

Keep an eye on the price action!
EN English (UK)
EN English
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out