thesmallerone
Long

NZDUSD LONG 4H 4.25.16

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
Hello traders, I am back with another trade for all of you. This one I have put quite a little bit of time into and I think I have a fairly good forecast. As you should know nzdusd             has been quite bullish for the past little bit. I always try to trade in the direction unless I in no way can. Anyways, according to my trendline , the kiwi is getting ready to shoot back up again. Also, when looking at the stochastic , you can see that there is currently bullish divergence . One more thing that sells the deal for me is that the 200 day moving average is currently below the pair which commonly can act as structure which gives me a good spot to place stops. Don't expect a move all the way up to the next trendline in this leg but I feel that just under the .236 retracement is the best place to take profits. Thanks all!
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder 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 Support Priority Support Report Issue Ideas Published Followers Following Private Messages Chat Sign Out