
Treehawk43 days ago
NZDUSD
SHORT
1 1
Break, close, retest of important area.
Break, close, retest of important area. Possible NZD/USD short trade idea. NZDUSD now in a confirmed downtrend. Price has broken important area impulsively, yet holding structure. Be patient and wait for a retracement to the historically all important area: 072280. Watch and wait on in 1H for ascending channel (suggesting losing momentum to the upside). If price retraces on the 1H to this important level 'impulsively' this trade idea is scrapped. On entry observe closely P/A on lower T/F's (15M and 5m) for rejection of this important level. Good R:R. Trade idea, don’t follow blindly. To be taken on demo only. Good luck!
Break, close, retest of important area.
AUDJPY on H4 is Bullish
EURNZD on H4 is Bullish
USDCAD on H4 is Bearish
This website uses cookies to improve the user experience. To learn more about our cookie policy or withdraw from it, please check our
Cookie Policy Accept
Online
Andrew Lockwood
X30+ years experienceStarted in the trading pits of London with some of the biggest traders in the world. Migrated to screen trading around 2005 now trades full time focusing on FX, Indices, commodities.
Max Norbury
X10+ years experienceMax is a diligent and pro-active individual with a wealth of experience in technical and fundamental analysis, high-probability trading and mentoring within the financial markets. He has also has a variety of non-accredited analytical certifications.
Mark Bennell
X15+ years experienceCertified Financial Technician (CFTe), Diploma of Technical Analysis, Diploma of Share Trading and Investment. 14+ yrs trading experience. Focus on the process and the money will follow.
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Curabitur laoreet purus odio, et porta tellus placerat quis.
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Curabitur laoreet purus odio, et porta tellus placerat quis.
Featured Mentor
Join now for a 7 days free trial. Share your trading idea and get feedback from the mentors.
unlock comments