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Tripple_Trapping_FX
Sep 28, 2020 5:30 AM

NZDUSD Price movement prediction 28-09-2020 

NZD/USDOANDA

Description

Using the triple trap strategy, these are possible setups of this pair. It broke the trendline(trap) waiting for retest, also we can see it is above 50 SMA and in golden zone of fib(38.2-61.8) so we can scalp it to previous closing price that is near 88.6 FIB lvl.

The triple trap strategy is trapping price between a channel, SNR and a possible trendline opposite to channel. In this way we can predict the next movement of the price by seeing the price respecting either one of the traps( a channel, SNR and a possible trendline).
Comments
BakiShirzadi
Appreciate your effort
Tripple_Trapping_FX
@BakiShirzadi, Thank you bro..
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