NZDUSD: SUPPORT THROWS SHORT TRADE-THROWBACK.
Updated
Hello traders,
NZDUSD is ready for quick long.
In the chart at the 1hr time frame, I can sense a real quick headshot trade.
At 0.69224, the market formed an impulse and brought the trend to the whole way down.
After that action, it executed a perfect downtrend channel correction (shown in the graph).
Due to the unwanted fluctuations, the impulse and correction formed rapidly.
At 0.68424, the chart printed a potential impulse and set a path for a breakout (shown in the graph).
Then, the signals travelled as a sharp slider. (evenly)
Ultimately, it landed at the point 0.69033 and forms a mirror image of the previous pattern.
Although, I m expecting a nice throwback from the previous support (shown in the graph).
It may run sharply to the down and have a throwback to the top.
In case the signals moved sharply towards down means, end the trade at 0.68720.
Wait for the move and decide your trade.
SIGNAL SPECIFICATION:
Pair: NZDUSD
Order: BUY
Pending Entry: 0.68828
Take profit: 0.69060
Stop loss: 0.68720
Risk Vs Reward: 2.18
----------------------------------------------------------------------
Our Unique Features:
1. Follow our 15 signals ….10% equity will increase in your account for sure.
2. We are not Trailing stop! or average the trades.
3. 2% Risk Management Per trade.
4. Risk vs Reward up to 1:7.
Note:
Trade signals would usually have a risk to reward ratio of 1:2.
It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit.
This allows you to be good in overall pips profit.
Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.
Best
Forextamil
----------------------------------------------------------------------------------------
If you find it useful, hit the like and comment.
follow our updates for more profitable trades.
NZDUSD is ready for quick long.
In the chart at the 1hr time frame, I can sense a real quick headshot trade.
At 0.69224, the market formed an impulse and brought the trend to the whole way down.
After that action, it executed a perfect downtrend channel correction (shown in the graph).
Due to the unwanted fluctuations, the impulse and correction formed rapidly.
At 0.68424, the chart printed a potential impulse and set a path for a breakout (shown in the graph).
Then, the signals travelled as a sharp slider. (evenly)
Ultimately, it landed at the point 0.69033 and forms a mirror image of the previous pattern.
Although, I m expecting a nice throwback from the previous support (shown in the graph).
It may run sharply to the down and have a throwback to the top.
In case the signals moved sharply towards down means, end the trade at 0.68720.
Wait for the move and decide your trade.
SIGNAL SPECIFICATION:
Pair: NZDUSD
Order: BUY
Pending Entry: 0.68828
Take profit: 0.69060
Stop loss: 0.68720
Risk Vs Reward: 2.18
----------------------------------------------------------------------
Our Unique Features:
1. Follow our 15 signals ….10% equity will increase in your account for sure.
2. We are not Trailing stop! or average the trades.
3. 2% Risk Management Per trade.
4. Risk vs Reward up to 1:7.
Note:
Trade signals would usually have a risk to reward ratio of 1:2.
It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit.
This allows you to be good in overall pips profit.
Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.
Best
Forextamil
----------------------------------------------------------------------------------------
If you find it useful, hit the like and comment.
follow our updates for more profitable trades.
Trade closed: target reached
Target hit.
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