Daniel-Malik
Short

NZDUSD Short setup: Price Volume Diversion

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
NZDUSD             Price Volume Diversion very visible. So once price reaches close to the Ressistance, afterwatching price action, you may enter short.
Comment: Nice downward move
Trade closed: target reached: This is the power of price volume diversion :) Hope you guys were not taken out.
This is power of structure !!
Reply
I am still short this one, but based on my own strategy. I got stopped out twice in reality, but re-entered, because that was an important level of resistance based on wave analysis. Interesting how it all lines up with volume! :P :)
Reply
Daniel-Malik Rocketman
Yeah, as per wave analysis, its an irregular flat correction down which can go as low as 0.71842. Make sure you be very careful after this level as price may strat a recovery.
Reply
Thank you Dee, i doubled my trade on this, accident i was on my phone looking at my trades and touched the face, anyway i ended up with double trade of this pair. so now up 160 pips, but feel it will go to .71000. Thanks for your help again, fantastic.
Reply
what is price volume diversion?
Reply
Hi Daniyal, can you please share your TP and SL on this trade?
Reply
of course not ''taken out" -TARGET REACHED ! HOW TO PROCEED WITH NZDUSD? thank you for your advise....
Reply
Daniel-Malik JovanVeskovic
Good to know that! Pay clsot attention to price-volume and then decide wether to hold or exit. I feel now the price may retrace a bit.
Reply
JovanVeskovic Daniel-Malik
Thank you, i believe the same.... Maybe 10% retracememt. We will see!
Thank you for all of your advices!
Reply
dont know what you would do at 0.738 level
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
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 My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out