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LDForex_

NZDUSD- Ascending Channel

Long
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
LDForex_ Updated   
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Analysis Chart Patterns Beyond Technical Analysis NZDUSD nzdusdlong Fibonacci Retracement swingtrading sniperentry Ascending Channel
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trendanalysis chartpattern beyondta nzdusd nzdusdlong fibonacciretracement swingtrading sniperentry ascendingchannel
There is good long opportunity for NZDUSD of the retracement on the demand zone which is also in line with the 23.6% fib level.
Another confluence will be the EMA acting as support and price also retracing from the EMA.
A very strong buy signal for this pair.
Comment:
I made a mistake as the Fibonacci was the wrong way round as I was looking for bullish signals. This would have been a very good short trade and have a good risk to reward ratio!

Mistakes happen as long as we learn from our mistakes and improve each time, we will become better!
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