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ProjectSyndicate
29 mar 2021 07:55

NZDUSD H16: Best Levels to BUY/SELL TP+200/+400 (SL/TP)(NEW) Long

New Zealand Dollar/U.S. DollarFXCM

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NZDUSD H16: Best Levels to BUY/SELL TP+200/+400 (SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as LONG as I expect more gains.


🔸 Summary and potential trade setup
::: NZDUSD 16hours/candle chart review
::: revised/updated outlook
::: REVISED/UPGRADED TO BULLISH OUTLOOK
::: short-term more downside
::: targeting 6900
::: retail positioning in NZDUSD
::: is mixed right now
::: expecting BOUNCE later from key S/R
::: decent gains on BUY SIDE from 6900
::: Bulls will target re-test of +250/+400
::: SL 50 pips final TP is 7300
::: lower risk / recommended strategy
::: BUY LOW 6900/ SL 50 TP 1950 +400 pips
::: FINAL TP BULLS is 7300
::: chart looks strong but slow price action
::: patience required if you want to make money
::: recommend to focus on swings only don't
::: try to trade this intraday
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 6850/6900 fresh demand zone
::: 7250/7300 fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS
::: Sentiment outlook mid-term: BULLS/REVERSAL

RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Komentarze
Mars-james
This is the best idea
Jeams_stonis
Thanks for sharing your idea
KlejdiCuni
Very detailed analysis. Thanks
Saif_R
Nice mate, here is my plan for nzdusd
Trader_OMS
I think
thunderpips
Keep it up!
TRADiNG_hub
Quality Content 😍
Helical_Trades
Nice chart
thanks for sharing
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