Excellent SWING TRADE SHORT opportunity for NZDUSD!
Updated
Have a look at the main chart, where the pennant on the weekly pattern has been broken!. At the moment both technical and fundamental factors are with this trade setup and the price will likely target the next support that lies at 0.64000 level.
The above link leads to the trade setup details on this pair. Please read the related ideas section too on the fundamental analysis behind this trade
ENTRY LEVEL: AROUND 0.67500
TAKE PROFIT: 0.64000'
STOP LOSS: 0.70000
All in all its an excellent swing trade opportunity with very high probability. shall there be any updates i shall provide them in the attached link above.
Please leave a LIKE and Follow me if you would like to receive further analysis and trade setups. cheers and thanks
The above link leads to the trade setup details on this pair. Please read the related ideas section too on the fundamental analysis behind this trade
ENTRY LEVEL: AROUND 0.67500
TAKE PROFIT: 0.64000'
STOP LOSS: 0.70000
All in all its an excellent swing trade opportunity with very high probability. shall there be any updates i shall provide them in the attached link above.
Please leave a LIKE and Follow me if you would like to receive further analysis and trade setups. cheers and thanks
Trade closed manually
Please close the trade. price is deeply oversold and consolidation is likely to happen. in the future i will execute this trade again once the consolidation period is over. good profits. cheers
Related publications
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.