NZD/USD is currently testing trendline support around 0.572, and I’ve entered a long position with a defined risk-reward setup.
🔹 Trade Setup:
✅ Entry: Near 0.572 (Trendline Support)
🎯 Profit Target (Blue Zone): 0.5804 - 0.5814
🛑 Stop-Loss (Yellow Zone): Below 0.567
🔹 Market Outlook:
📊 Bullish Bias – As long as the trendline holds, we could see a push toward the 0.577 - 0.581 resistance area.
⚠️ Risk Management – A break below 0.567 would invalidate the setup, triggering the stop-loss.
I’m watching for bullish confirmation here. Will buyers defend this level, or will we see a breakdown? Let me know your thoughts! 👇
🔹 Trade Setup:
✅ Entry: Near 0.572 (Trendline Support)
🎯 Profit Target (Blue Zone): 0.5804 - 0.5814
🛑 Stop-Loss (Yellow Zone): Below 0.567
🔹 Market Outlook:
📊 Bullish Bias – As long as the trendline holds, we could see a push toward the 0.577 - 0.581 resistance area.
⚠️ Risk Management – A break below 0.567 would invalidate the setup, triggering the stop-loss.
I’m watching for bullish confirmation here. Will buyers defend this level, or will we see a breakdown? Let me know your thoughts! 👇
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.