Kiwi shrugged off the risk-off — I'm buying the higher-low
While AUD dumped ~3% and the dollar ripped across the board today, NZD quietly held and kept grinding higher. That relative strength on a risk-off day is the tell.
The setup (daily): NZD/USD based at 0.5628 in late June and has climbed a clean staircase of higher lows (0.5674 → 0.5716 → 0.5810), reclaiming the 0.5760 shelf on the way up. I'm buying the higher-low, at structure — not chasing.
Plan:
• Entry: 0.5805-0.5840 (live ~0.5839)
• Stop: 0.5785 (below the last higher-low; a break there ends the sequence)
• TP1 0.5900 / TP2 0.5960 / TP3 0.5995 (the 2-month high)
• R:R ≈ 2.1 / 3.7 / 4.7
Every call logged, wins and losses — the whole record is public. Invalidation: a daily close back below 0.5785.
Buying kiwi's strength here, or waiting for a dip into 0.581 first? 👇
Follow for updates — posted on this idea as it plays out. 🔔
Not financial advice — do your own research and manage risk.
The setup (daily): NZD/USD based at 0.5628 in late June and has climbed a clean staircase of higher lows (0.5674 → 0.5716 → 0.5810), reclaiming the 0.5760 shelf on the way up. I'm buying the higher-low, at structure — not chasing.
Plan:
• Entry: 0.5805-0.5840 (live ~0.5839)
• Stop: 0.5785 (below the last higher-low; a break there ends the sequence)
• TP1 0.5900 / TP2 0.5960 / TP3 0.5995 (the 2-month high)
• R:R ≈ 2.1 / 3.7 / 4.7
Every call logged, wins and losses — the whole record is public. Invalidation: a daily close back below 0.5785.
Buying kiwi's strength here, or waiting for a dip into 0.581 first? 👇
Follow for updates — posted on this idea as it plays out. 🔔
Not financial advice — do your own research and manage risk.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.