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FxCanli
Jun 15, 2017 6:08 AM

NZDUSD / Daily 

New Zealand Dollar/U.S. DollarFXCM

Description

Before This analysis, We had this analysis


Comment

Comments
swisspipstv
Price is over the trendline.
AmtradeAmtrade
Thank you
torukojinnn
dude is this still valid???
Niek123
@torukojinnn, open up your own nzdusd chart and check what happened ;)
It did retest the top zone and now it is going down.

Switch to lower timeframes and check for potential entrypoints. on the 15min you can see there have been 2 great entrypoints (I got in just after the 2nd) and a big drop.
Maybe wait for the market to go up again a little bit. Or wait for it to break down again.

You can ofcourse get in without thinking with a large stop loss above the retests. But watching for entrypoints means possibility for a tighter stoploss and thus greater profits (if the risk stays the same).

Good luck
elleb82
Thank you
servet61
thanks sensei :)
Mr-Forex
thanks fxcanli..
abokamel2005
thanks
Mozen
Thanks
mgurel
Thanks
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