Hey guys, here we go again.
Im thinking of publishing every trade i take here for a time from now, what do you think about it ? Leave a comment.
Today in US Market Session we entered a buy on NZDUSD. Above you can see our analysis on this pair on the 4h timeframe. Price formed a support zone (marked in the grey box) - even on the daily. The lowest low is a fake out with a divergence indicating a trend change. Trend already had 2 correction waves (marked in yellow boxes) and we are looking to buy the next wave up to the last high. Honestly, as i mentioned before, the daily looks good for a buy also, so maybe the take profit will be much more pips. Will keep you updated as always.
Stay safe.
Im thinking of publishing every trade i take here for a time from now, what do you think about it ? Leave a comment.
Today in US Market Session we entered a buy on NZDUSD. Above you can see our analysis on this pair on the 4h timeframe. Price formed a support zone (marked in the grey box) - even on the daily. The lowest low is a fake out with a divergence indicating a trend change. Trend already had 2 correction waves (marked in yellow boxes) and we are looking to buy the next wave up to the last high. Honestly, as i mentioned before, the daily looks good for a buy also, so maybe the take profit will be much more pips. Will keep you updated as always.
Stay safe.
Trade active:
Stop Hunt down. With the right risk management it’s no problem.
Trade closed: target reached