NZDUSD should go up from this point. I trade forex like the Institutions so it is a buy according to my analysis. If you seeing this now , place your trades immediately if you like what you see. Risk to reward ratio on this one is good and make sure to use good risk management as well. Safe Trading.
Order cancelled
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Close all NZDUSD buy trades immediately ... they are currently in profit but Its a trap. THE MARKET MAKERS WILL STOP YOU OUT, IT IS ABOUT TO SELL because it is rising solely on momentum and Volume is not involved.
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Turns out it was actually going to buy haha. But nonetheless, it's not a hassle, these things happen. All I can say is if you bought and never closed , just secure your profits and have fun, watch it go for either TP areas ;)
Nice analysis! However it is abit hard to see the candles against the dark background.
Would you go short since you cancelled your buy?
We see a short here
baadmahn
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@FXCM, Yes certainly, but I see it at a higher price rather, turns out it was actually going to buy. ANd thank you for commenting, your opinion matters.
Would you go short since you cancelled your buy?
We see a short here