#GBPNZD Trend Continuation Long Idea (Fibonacci,Structure,50sma)
#GBPNZD Trend Continuation Long Idea (Fibonacci,Structure,50sma)
TradeYodha (TradeYodha.com)
Analysis:
1. 50 sma in the zone on 4H
2. 50 sma in zone on Daily
3. 38.2 rettracement
Trade Execution:
1. 3 Orders
2. One order as limit order with 1:1 target
3. Rest 2 orders with higher targets based on confirmation in the zone
News/Fundamentals
May 5: 8:30am GBP Construction PMI
May 5: 10:45pm NZD Employment Change q/q
May 5: 10:45pm NZD Unemployment Rate
I would love to hear your opinion, feel free to agree or disagree in your comments. Please give it a (thumsup) if it makes any sense.
TradeYodha (TradeYodha.com)
Analysis:
1. 50 sma in the zone on 4H
2. 50 sma in zone on Daily
3. 38.2 rettracement
Trade Execution:
1. 3 Orders
2. One order as limit order with 1:1 target
3. Rest 2 orders with higher targets based on confirmation in the zone
News/Fundamentals
May 5: 8:30am GBP Construction PMI
May 5: 10:45pm NZD Employment Change q/q
May 5: 10:45pm NZD Unemployment Rate
I would love to hear your opinion, feel free to agree or disagree in your comments. Please give it a (thumsup) if it makes any sense.
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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.
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.