My analysis is on a strong NZDUSD Buy!
We already see it showing a bullish start on that entry zone and with those trend lines going for the past week, we can get a clear message of the support line.
Next we can see where the bullish will have a reversal/resistant down based on that month trend line or at least this where I see a good area to TP and wait for that next wave. I'm a short-long-term guy, so I TP when I see reversal and wait for a new entry!
We already see it showing a bullish start on that entry zone and with those trend lines going for the past week, we can get a clear message of the support line.
Next we can see where the bullish will have a reversal/resistant down based on that month trend line or at least this where I see a good area to TP and wait for that next wave. I'm a short-long-term guy, so I TP when I see reversal and wait for a new entry!
Note
Sky Rocket; 100+ Pips on the rise
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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.