On the NZDUSD currency pair, we are observing a bullish setup, where the price has attempted to recover by bouncing around the 0.6240 area, where a demand zone is located. In that zone, the market has shown a bullish setup, creating a point of interest (POI). Following the Forex48 strategy, I have opened a trade with a risk-to-reward ratio of 1:2.
I would like to know your thoughts.
Happy trading to everyone!
I would like to know your thoughts.
Happy trading to everyone!
📈 Nicola | EdgeTradingJourney
Documenting my path to $1M in prop capital through real trading, discipline, and analysis.
Documenting my path to $1M in prop capital through real trading, discipline, and analysis.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📈 Nicola | EdgeTradingJourney
Documenting my path to $1M in prop capital through real trading, discipline, and analysis.
Documenting my path to $1M in prop capital through real trading, discipline, and analysis.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.