POSSIBLE MOVE FOR NZDUSD? PLS COMMENT.
Updated
I see there is possible downtrend movement from the current price. As you can see in the chat, it is completed my technical analysis as following:
✔ Breakout Trendline
✔ Break 2 Significant Base
But, it seems like the price already go from my best entry point. So lets move on. From the current price, there is 2 possible way it will go:
1. BLACK will happen if price break 0.71850.
2. PURPLE will happen if price reject making doji and 1 more red candlestick.
I am new to this, but I want to get other point of view. My pending order right now;
(SCALP) Buy Stop @ 0.71580 - if it break 0.71850 with big green candlestick , go LONG.
SL - ???
TP - 0.72300
(SWING) Sell Limit @ 0.72300
SL - ???
TP 1- 0.71580
TP 2- 0.70930
TP 3- 0.70500
(SCALP) Buy Limit @ 0.70500
SL - ???
TP - 0.70780
✔ Breakout Trendline
✔ Break 2 Significant Base
But, it seems like the price already go from my best entry point. So lets move on. From the current price, there is 2 possible way it will go:
1. BLACK will happen if price break 0.71850.
2. PURPLE will happen if price reject making doji and 1 more red candlestick.
I am new to this, but I want to get other point of view. My pending order right now;
(SCALP) Buy Stop @ 0.71580 - if it break 0.71850 with big green candlestick , go LONG.
SL - ???
TP - 0.72300
(SWING) Sell Limit @ 0.72300
SL - ???
TP 1- 0.71580
TP 2- 0.70930
TP 3- 0.70500
(SCALP) Buy Limit @ 0.70500
SL - ???
TP - 0.70780
Trade active
Seems like price reject zone 0.71430, can go SHORT / SELL TP 0.70930. Good luck!!
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