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Tango_Trading
Mar 22, 2018 11:33 PM

GBP/NZD= WHAT CAN HE DO? 

British Pound/New Zealand DollarFXCM

Description

Hello everyone. From my analysis we are facing two possible short or long scenarios.


Long = If the trend continues to rise, it is possible that the moving average (50) cuts the moving average (200) upwards, giving a greater forecast to the breakdown of the resistance at height (1.96742). My strategy for entering long is to wait for two Heiken-Ashi candles. To understand, the first candle Keiken-Ashi is the one that breaks the resistance and the second candle is the one that will stand above the resistance.


Short = If the trend could not break the resistance at altitude (1.96742). To get into Short, my strategy would be to wait for a bearish Heiken-Ashi candle.


(GOOD TRADING TO EVERYONE AND IF YOU LOVE THE ANALYSIS PUT ME LIKE ME, THANKS.)
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