Fairly new trader, (Less than five years)
Publishing ideas to sharpen my skills and get feedback from more experienced traders. Any and all constructive criticism is appreciated.
Considering that the dollar is setting up for a bearish move, I am looking for NU to go bullish. Have some consolidation around a major psychological level of 0.71000. Waiting for a confirmed break to the upside for a bullish run to 0.73000 area.
Publishing ideas to sharpen my skills and get feedback from more experienced traders. Any and all constructive criticism is appreciated.
Considering that the dollar is setting up for a bearish move, I am looking for NU to go bullish. Have some consolidation around a major psychological level of 0.71000. Waiting for a confirmed break to the upside for a bullish run to 0.73000 area.
Trade active
Trade is currently active and on its way up on a bullish movement to price target of 0.7300. The fundamental analysis for the USD is showing negative impact news, speculating the dollar down to continue bearish, speculating that NU will continue is a bullish move.Trade closed manually
Will be closing out of trade at the open of the market due to reversal on lower time frame. Also, dollar (DXY) is in its bullish continuation. Take profit and waiting to see what the market will potentially give me. Will have a weekly outlook mark up post soon.
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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.