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UGTraders
Aug 4, 2019 10:02 PM

NZDUSD - wait for it !!! 

New Zealand Dollar/U.S. DollarFXCM

Description

NZDUSD now have a solid trendline that everybody waits for it to go for a long trade. But the current momentum of market suggests that this currency pair is closer to have a support level then break it!!


So wait for this currency pair to break this trendline then we'll try to catch entry point for it, then its momentum will be checked.

Needless to mention that this probability model is for long term (4H chart) and you still can haunt some few setups on lower timeframes ....


To be updated...

Comment

we have the structure, wait for break and good bearish momentum and we're in:

Comment

NZDUSD still ok, we'll catch it from top.. keep updated...
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