TradingView
the5erstrading
May 28, 2018 10:12 AM

Swing Analysis NZDUSD 28/05/18 Long

New Zealand Dollar/U.S. DollarFXCM

Description

The NZDUSD is after a bearish momentum,

After that recent downtrend, I'll prefer to wait for reversal signal,

The resistance zone it's the sign of the momentum change, if the price

Will brake out this resistance it indicates the price tends to reach the supply

Above, therefore, in that case, I'll look for P"A setup of buy position and my 

Target will be the supply above,

The5%ers Proprietary Trading Fund will double your trading balance every 10% profit.
More