FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Evidently, price is in a downtrend. "Never go against the trend" immediately comes to mind. While price is currently trending upwards on the lower time-frames, which i have highlighted by the demand zones, i will ultimately be shorting this pair once price enters Supply 2 and shows signs of a rejection. SL will be a few pips (5-10) above the red zone and TP will be at Demand 1.
Comment: my confirmations weren't met on this analysis...i essentially missed this trade
Comment: both TP targets reached nevertheless. If you entered this trade, i'll suggest taking some profit or closing entirely.
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