All NZD pairs are making a pullback but it seems this pair has still more room to the downside. Looking a w1 chart we see price testing the broken trendline and Ema 55. There are two possible scenarios, we should not discard any of them. If oil starts a rally (my prefered scenario) then this pair could continue a long term decline. The setup is clear here, SL and targets on chart. Best regards.
Comments
Hiisham
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huup, I was so close,to Close it but he fall in....
Capital75official
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this trade going to plan. Well called.
IvanLabrie
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NZD looks very, very strong.
FullTimeTrader
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Yes, just like the AUD the NZD when starts rallying it just goes..........
IvanLabrie
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Check out my last nzdjpy chart. Seems interesting.
Hiisham
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a up bar broke the up trend what do u think ?
FullTimeTrader
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mmm SL almost hit. if it happens i will better stay aside. Losing is part of trading, most important is keep risk under control and be disciplined. Regards.
Hange
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good work. here is my view about this, wish could happen
viarmx
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nice post. i love that.
IvanLabrie
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Should work well, target, no clue...but good entry.