NZDUSD potential upside from its trendline support area
NZDUSD is potentially creating rejection and reverse to continue its bullish movement. Therefore, I am not suggesting you try doing counter trading by opening selling/short position.
At the moment, NZDUSD is weaving in its support with rejection happen due to the Nonfarm Payrolls news.
The overall market has been muted due to easter holidays this week and we should see the market back to normal next week.
I am seeing that we are able to take long position because NZDUSD has rejection in its support of the trendline and having bullish movement in 1H and 4H timeframe.
I will set the stop loss at 0.62 and potential upside at 0.638.
Good luck!
Happy profit!
At the moment, NZDUSD is weaving in its support with rejection happen due to the Nonfarm Payrolls news.
The overall market has been muted due to easter holidays this week and we should see the market back to normal next week.
I am seeing that we are able to take long position because NZDUSD has rejection in its support of the trendline and having bullish movement in 1H and 4H timeframe.
I will set the stop loss at 0.62 and potential upside at 0.638.
Good luck!
Happy profit!
Trade fechado: stop atingido
Unfortunately, the price hit the stop loss.
Mekar Trading Forex by Andrey Kurniawan
Telegram: t.me/forexmekartrading
Other contacts: linktr.ee/mekartrading
Telegram: t.me/forexmekartrading
Other contacts: linktr.ee/mekartrading
Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Mekar Trading Forex by Andrey Kurniawan
Telegram: t.me/forexmekartrading
Other contacts: linktr.ee/mekartrading
Telegram: t.me/forexmekartrading
Other contacts: linktr.ee/mekartrading
Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.