Entry details are shown on the chart.
The previous sell didn't reach TP target but still closed for a profit.
We're only looking for TP3 once again on the new long trade.
Trade history can be seen below this trade idea too for full transparency.
I try and share as many ideas as I can as and when I have time. My...
Welcome traders to a free top down analysis breakdown.
Today I am highlighting possible trade ares on NZDUSD, if you any questions on the pair let me know in the comment section below.
Once the pair gives us a valid trade entry I will be sharing the trade with the Alpha community, I hope you all found this breakdown helpful .
If you liked this free...
Since 19th March 2020 when the price hit .5462 , the New Zealand Dollar has pushed impressively higher largely on the back of dollar weakness and currently stands at .6575.
Price has even pushed through the strong historical resistance at .6581 but the move looks ever more unconvincing and having now reached the green upper flag which has held the price, the big...
Not much dollar strength about but the NZD, one of my favourite SELLING currencies seems to be faltering. For several sessions the BULLS have struggled to force the price past recent highs at .6102 and my specialist indicator is flagging a moderate SELL on this pair. For a risk of 36 pips and a target of 146 pips - this looks a reasonable trade in the current thin...
NZD/USD struggling to pull away from multi-year lows, trading below 0.6350. Coming up: ANZ Activity Outlook and Business Confidence reports. We can expect positive greater forecast than july 2019 and possible buy.