Synapse
Long

NZDUSD Long Opportunity - 1 Hour/4 Hour/Daily Potential.

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
Greetings Fellow Traders

This is nearly the same chart as the previous NZDUSD             analysis I posted, I've removed some of the elements and added some with commentary on recent price action.

Key resistance level has been broken, the chart speaks for itself if you have any questions regarding the price action/entry feel free to ask!

Pending Buy Limit .6510 or Manual Entry (Anything between .6490 and .6515 I recommend)
Target Profit .6620
Stop Loss: .6470 or 4 Hour Candle Close under Resistance level broken.

Please do your own analysis before entering a trade. If you like what you see feel free to comment, "like" or follow.
FxSaint
a year ago
had same idea, but missed my entry by 5 pips...
NzdUsd - Support turned Resistance, turned now Support ?
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Synapse FxSaint
a year ago
Excellent idea, It can be tricky to get the exact entry you want, it usually does it only once. I used .6510 because that is what it spiked to just before it confirmed the break out and gave myself a little room on either side of that.
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