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Niverto
Jan 8, 2018 10:44 AM

PAIR TO WATCH WITH ANALYSIS EXPLAINED 

New Zealand Dollar/U.S. DollarFXCM

Description

Dear Traders,
Here is an example of the analysis I am doing every time.
The black line is my Monthly zone which in this case represent a strong level of resistance. The zone has been tested few times but not to much to show me that level can still hold.
I am not entering blindly but rather on a daily signal or H4 (not below), if the market shows a strong bearsih reaction, I will likely enter on a retracement.

Hope this analysis is clear and you like it.

Happy trading
Comments
ALRAZEEN
seems long as weekly .. thnx
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