Is it time for NZDUSD to change the course of action??
Hi fellas,
As we can see NZDUSD pair has pushed right down and touched a major level of support. The same level has acted as both support and resistance on a number of occasion plus the RSI is also in oversold territory. From past we have seen the pair is more likely than not to react when reaches major level like this. I will be going long from here with a potential tp1 marked on the next resistance level and manage thereafter.
Trade safe and good luck.
Let me know your thoughts.
As we can see NZDUSD pair has pushed right down and touched a major level of support. The same level has acted as both support and resistance on a number of occasion plus the RSI is also in oversold territory. From past we have seen the pair is more likely than not to react when reaches major level like this. I will be going long from here with a potential tp1 marked on the next resistance level and manage thereafter.
Trade safe and good luck.
Let me know your thoughts.
İşlem aktif
Reversed nicely. Just needs to see it through.İşlem elle kapatılmış
Closed with 60 pips. Will re-enter again later.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.