Carl_G
Short

NZD/USD: MONTHLY SUPPLY ZONE

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
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bunah2
4 months ago
It is good one, but it is big zone(monthly SZ). Let us see where the price will reverse.
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bunah2 bunah2
4 months ago
It is at Daily DZ, if it will break this DZ, so this is the time to find the entry to short.
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Carl_G bunah2
4 months ago
Personally i like to locate a sz on the monthly tf and then wait for a V shape to take place on the daily chart and then trade off that sz.
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Carl_G
4 months ago
Also, there is no demand to catch this trade so its looking good. I am in big on this one.
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bunah2 Carl_G
4 months ago
I think, we miss it , we short early. Please see my chart at 240 min and the trenline broke. the V happened @ 0.7318.

Am I correct? Please comment. Thanks

snapshot
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Carl_G bunah2
4 months ago
Well, I am already in @0.71861. V shape just forming on Daily.
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bunah2 Carl_G
4 months ago
Great.........
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bunah2 Carl_G
4 months ago
Target can be at 0.6900
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Carl_G bunah2
4 months ago
I am thinking more like @0.6300
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Carl_G Carl_G
4 months ago
A dollar rally is coming too so i am staying long on the US Dollar.
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bunah2 Carl_G
4 months ago
Please see the DZ @ 0.6840 area and also support and resistant at the same area.
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Carl_G bunah2
4 months ago
there is no major demand to stop the move down in my view.
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