NZD/USD Trade Idea Короткая

New Zealand Dollar/U.S. DollarFXCM

Описание

⋅ 7 ноя 2019 г., 09:55

Hello and welcome to my Trade Idea of the currency pair NZD/USD.

Lets start with the Top Down Analysis.

Monthly: The monthly timeframe is in a beautifully downtrend.

Weekly: The weekly timeframe is in a downtrend too with nice up and down waves.

Daily: The price closed under the daily resistance area .

H4: Here we draw the counter trendline . The price has already confirmed the counter trendline .

Have a nice day.

Комментарии

forx4life

⋅ 8 ноя 2019 г., 18:02

Thank you!

Bullandbeartrading

⋅ 8 ноя 2019 г., 20:41

@forx4life, no problem !!

Junkievirus

⋅ 7 ноя 2019 г., 10:03

Nice one, But I think It's false breakout.

Kingmusshy21

⋅ 7 ноя 2019 г., 13:21

@Junkievirus, No, the probability of it continuing down is much higher than it retracing back up

Bullandbeartrading

⋅ 8 ноя 2019 г., 20:41

@Kingmusshy21, yes strong counter trendline breakout.

Bullandbeartrading

⋅ 8 ноя 2019 г., 20:40

@Junkievirus, no. We are going down.

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