NZDUSD Feb 22nd to 26th, 2021

Short Term Trend: Bullish.

Price Action Signals: Both Bullish and Bearish Pin Bar signals have formed around the 0.7173 short term support level over the past 2 weeks. Price moved higher from a Bullish Pin Bar signal just above the 0.7173 level last week.

Potential Trade Idea: We are considering trading longs from a Bullish Price Action Signal after a retracement in prices, whilst prices remain above the 0.7173 support level.
Candlestick AnalysisCandlestick analysislongsetupnakedtradingSupport and Resistance

Also on:

Disclaimer