Short

Updated

NZDUSD Long Term Trend Trading

Hey Traders,

As the NZDUSD rises to early resistance amid US data we can identify short entries, now and beyond. We can also look below to areas of long term long bias.

Apart from the 2017-2019 difference in Monetary Policy, the RBNZ has followed the FED alike many other central banks as global economic outlook has adjusted to current times.

Studying Price Action in long term markets is essential to getting better entries inline with investors who know value.

Covering all Multi TF Style.

Watch for more.

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Exit minor longs, shorts only at key W resistance.

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Out of longs. Light shorts, further @ key W resistance.

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( light shorts OK to take)

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Holding shorts in gains.

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Exit for gains

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Re shorts on key PA.

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Exit shorts for gains.

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Re shorts on re push above high to Historical W levels.

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^ minor light longs are also OK for now.

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Exit longs on move up. Shorts above prev W high.

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Short alike AUDUSD

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Further DCAs.

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Lock in gains. No re longs until further W support.

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Minor longs are OK to enter^

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Bias still same as AUDUSD. Exit any longs.

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Exit new shorts.

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Holding off new re entries.

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Looking long still lower @ Reasonable W support.

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Light entries on fall. Further lower at W Support.

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Exits longs for gains, flip short on impulse.

WillSebastian

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Posts Not financial advice.

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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.

WillSebastian

Free Pro Multi Asset Trading Guide:

bit.ly/learnttm

Free Discord Secret Server:

discord.gg/tXAcxFVCJU

Posts Not financial advice.

Also on: