Hello Traders.
First of all , if you think this analysis is useful to you,
press the LIKE button after read )
Let's start :
The US Dollar Index has been rising for the full 103 weeks :
Terminal Status in these 107 weeks:
When we look at the terminal, NZD and CAD seems equal in terms of both positions,but NZD is more discounted.
Recommended parameters:
NOTE :
In the case of a negative scenario, we may have to try again ,
so let's keep the position size in small amounts.
And let's consider the Buy Zone (Yellow Area).
Regards.
First of all , if you think this analysis is useful to you,
press the LIKE button after read )
Let's start :
The US Dollar Index has been rising for the full 103 weeks :
Terminal Status in these 107 weeks:
When we look at the terminal, NZD and CAD seems equal in terms of both positions,but NZD is more discounted.
Recommended parameters:
- Position Size : %0.5
- Risk/Reward Ratio : 1/1.87 (But if we get an opportunity inside Buy Zone, this rate can become more valuable.)
- Stop-Loss : 0.84575
- Goal : 0.86196
NOTE :
In the case of a negative scenario, we may have to try again ,
so let's keep the position size in small amounts.
And let's consider the Buy Zone (Yellow Area).
Regards.
Trade closed: stop reached
TP1 Reached but stop-Loss reached too
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.