NZDUSD Trading Strategy 15-Aug-2022 @ 1Hr
Bulls:
1. HH and HL
2. Trend Line intact
3. Morning Star
4. Bullish rally after Approx the same time cycle
Bears:
1. Stong Resistance @ 0.64541
2. Bearish Indication on RSI
Bias: Bullish
Plan A:
Buy at a breakout above 0.64760
SL: 0.63821
TP 01: 0.65219
TP 02 : 0.65700
Plan B:
Sell at a Breach below 0.63800
SL: 0.64765
TP 01: 0.62900
TP 02 : 0.62180
1. HH and HL
2. Trend Line intact
3. Morning Star
4. Bullish rally after Approx the same time cycle
Bears:
1. Stong Resistance @ 0.64541
2. Bearish Indication on RSI
Bias: Bullish
Plan A:
Buy at a breakout above 0.64760
SL: 0.63821
TP 01: 0.65219
TP 02 : 0.65700
Plan B:
Sell at a Breach below 0.63800
SL: 0.64765
TP 01: 0.62900
TP 02 : 0.62180