14/06/21
NZDUSD Long trade idea, RSI has hit bottom and we've price resist key area of support, squeeze downwards now dying off and momentum meter showing NZD gaining strength with USD losing it. Trending down so conservative TP, riding wave up until confirmation downtrend will continue. MACD also dying off from short.
R:R = 2:1
Risk allocation 0.5%
GL
NZDUSD Long trade idea, RSI has hit bottom and we've price resist key area of support, squeeze downwards now dying off and momentum meter showing NZD gaining strength with USD losing it. Trending down so conservative TP, riding wave up until confirmation downtrend will continue. MACD also dying off from short.
R:R = 2:1
Risk allocation 0.5%
GL