We have another long term swing trading for NZD/USD https://www.tradingview.com/chart/NZDUSD/3eer5no9-NZDUSD-interesting-high-probability-setup/
Currently in profit +++
This is another published idea for intraday trading with NZD news this week on expectation of cut rate.
On technical factor, we have a strong ...
Price entering consolidation period after break the bullish trend line
If break the support,
we expecting the price create a lower low and retrace for lower high.
target at major monthly support
currently testing the water...enter short with small lot..
more conservative way is waiting for a solid break down and ...
Candle break the weekly resistance,
and now becoming new possible support.
We will wait for a retest and continuation.
Target next monthly resistance.
Candle false break the weekly resistance,
and back down.
Weekly resistance level still valid.
Short position with target at lower trend ...
Price is now trying to test the major key level resistance.
Wait for daily candle close.
if break the level, look for a next retest/pullback,
where resistance have possibility become support.
and wait for continuation pattern before open position.
If bounce back down, resistance is still ...
After yesterday strong bearish engulfing, that engulfed 2 daily candle before.
Today, the market try to retrace and might be testing the key resistance.
if bounce or cannot break the resistance or daily candle closed below this level,
we go short with target to the key support.
If the ...
After price break the key level support,
we will wait for a retest (where support now possible become a resistance)
and wait for a confirmation to short
with target to the lowest yearly level.
If price move back up,
key level support is still intact and valid..
might entering a ...
After bounce from the key resistance,
possibility to entering short
with target at key support.
If break the key level resistance, will hit our scenario #1 stop loss :))
wait for retest and confirmation (resistance become support)
to possibility entering long.
Please add a comment... ...
Bearish trend with strong key resistance.
Possible short with target to next key level support.
Please add a comment... Positive feedback and constructive criticism...
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