Hey tradomaniacs,
NZD/USD has just tested a potential strong zone for bullish confluence.
If the stockmarket calms down and retraces back upwards we might see a bounce here and a continuation of the previous breakout!
This pullback stops out retailers and could give bank the liquiditiy they neecd to buy!
I`m watching this level carefully - A breka below would obviously a sell-confirmation!
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
NZD/USD has just tested a potential strong zone for bullish confluence.
If the stockmarket calms down and retraces back upwards we might see a bounce here and a continuation of the previous breakout!
This pullback stops out retailers and could give bank the liquiditiy they neecd to buy!
I`m watching this level carefully - A breka below would obviously a sell-confirmation!
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
Trade active
NZD/USD: Daytrade-ExecutionNotice:
Market is kinda calm now which is why this trade involes a higher risk.
We are following the uptrend here - NZD/USD holding key-levels so far.
Market-Buy-Order: 0,70865
Stop-Loss: 0,70700
Point-Of-Risk-Reduction: 0,70985
Take-Profit: 0,71140
Stop-Loss: 16 pips
Risk: 0,5%
Risk-Reward: 1,7
Trade closed: target reached
NZD/USD: Trade closed with +27 pips (+0,85%) As we head into the US-Session I have decided to take the profits at our original Take-Profit.
Previous US-Session were often very volatile and this decision part of my risk-management.
If you want you can take partial profits and let the trade run.
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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.
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.