FX:NZDUSD   New Zealand Dollar / U.S. Dollar
622 views
18
622 6
This pair is reacting near a strong resistance, we can see it on W1 chart.


Looking at D1 chart there are some more reasons:

1) Pinbar
2) R1 pivot resistance
3) 0.7860 fib retracement
4) a bullish swing against the main bearish trend
5) a gartley pattern

Although the R/R ratio is not so good for me i want to be conservative and place the SL following the rules, above the X point of the gartley .

Best regards
my view....

Reply
SignalSwiss SignalSwiss
Reply
Exactly how I am trading it. Goodluck
Reply
Sweet , oh man if this short works then its gonna be cool for our GbpNzd longs
Reply
yes, the NZD is overbought and i expect the GBP will recover next week
Reply
Good
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out