Daniel.Dalo
Short

NZDUSD - Supply level ahead

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
141 5 3
Looking right now at the supply level between 0.82487 - 0.82523, as the departure from the level broke previous demand levels, so I'm looking to go short here with at least 2:1 target for profit, just at the most recent resistance level that now should become support.
i agree with you. even the rsi will get overbought
+1 Reply
Daniel.Dalo MinervaFX
Thank you mate! It seems like a nice place to sell, I already put a limit order because I know I won't be risking much, hope it goes well!

Best of luck for you
+1 Reply
beautiful.....!
+1 Reply
dionvuletich dionvuletich
might even be a harmonic pattern off that level as well... abcd etc 88.6? bat? you could prob get 2-2.5:1 to the first demand level around 0.8236
Reply
Daniel.Dalo dionvuletich
Thanks! I was thinking about a pattern, but only had a Bat with completion around a supply level above, so I left that for later. Well, now price has dropped a bit, hope it still is a good supply level.
Reply
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out