NZD/USD Trade Idea Short

New Zealand Dollar/U.S. DollarFXCM

Description

⋅ Jul 18, 2019 11:49 PM

Hello and welcome to my Trade Idea of the currency pair NZD/USD.

Lets start with the Top Down Analysis.

We wait a long time for this trade.

Monthly: Monthly is bearish.

Weekly: On the weekly timeframe we see 3 L.H one L.L and one H.L.

Daily: Daily shows a trendline and now the price is under the MONTHLY RES so we see downside momentum.

Have a nice day.

Comments

swara7kadir

⋅ Jul 19, 2019 1:10 PM

I like the way you break down from Monthly, Weekly, down to Daily analysis.

Bullandbeartrading

⋅ Jul 19, 2019 2:47 PM

@swara7kadir, Thanks man, i love top down analysis. In my opinion you have the best picture about a currency pair with that system.

FxMarketStrategy

⋅ Aug 6, 2019 1:21 AM

very good

Bullandbeartrading

⋅ Aug 7, 2019 11:05 AM

@Weekly_Forex_Forecast, thanks, our group made a lot of pips.

UnknownUnicorn4203295

⋅ Jul 30, 2019 2:54 AM

powerful resistance, enjoyed

Bullandbeartrading

⋅ Aug 1, 2019 7:37 AM

@ErfanFalah, yeah man.

Aleksin_Aleksandar

⋅ Jul 24, 2019 9:53 AM

nice :)

Bullandbeartrading

⋅ Aug 1, 2019 7:37 AM

@Alex_master_forex, thanks.

Sankapathum

⋅ Jul 19, 2019 11:03 AM

Great idea mate! I also think a bearish movement will occur soon based on a harmonic movement.

Bullandbeartrading

⋅ Jul 19, 2019 2:43 PM

@Sankapathum, interesting feedback, lets see mate.