Dear traders,
Here is a new POTENTIAL LONG signal on NZDUSD :
Entry, SL and TPs on daily chart.
I'm trying to make up a bit of education on my strategy as some traders asked me about.
Time frame analysis :
- Monthly : not on the chart above, but bearish. Momentum is decreasing so we could interpret this as slowdown of bearish PA.
- Weekly : Here we see with the blue curve along low TMS RSI that we "may" be bottoming on the short term. If confirmed, then a pullback to upper range of BB/PAC is very much possible.
- Daily : Not much PA but TMS is nearing RSI50 that is a strong resistance, but in case this is broken we could see a big movement to the north.
- 4H : This is where it's getting interesting, all indicators are flattening (?) around RSI50 on TMS. That could lead us to think of bigger movement coming and end of consolidation.
This is not a signal just a few hints to explain why I'm looking at this pair, and why I would open a long if several criterias above are confirmed.
Trade with your own diligence,
GL HF
Here is a new POTENTIAL LONG signal on NZDUSD :
Entry, SL and TPs on daily chart.
I'm trying to make up a bit of education on my strategy as some traders asked me about.
Time frame analysis :
- Monthly : not on the chart above, but bearish. Momentum is decreasing so we could interpret this as slowdown of bearish PA.
- Weekly : Here we see with the blue curve along low TMS RSI that we "may" be bottoming on the short term. If confirmed, then a pullback to upper range of BB/PAC is very much possible.
- Daily : Not much PA but TMS is nearing RSI50 that is a strong resistance, but in case this is broken we could see a big movement to the north.
- 4H : This is where it's getting interesting, all indicators are flattening (?) around RSI50 on TMS. That could lead us to think of bigger movement coming and end of consolidation.
This is not a signal just a few hints to explain why I'm looking at this pair, and why I would open a long if several criterias above are confirmed.
Trade with your own diligence,
GL HF
코멘트:
This long is not yet validated. 4H was a false breakout however it still behaves nicely. Weekly is very important to see if we continue to accumulate before exploding north.
코멘트:
Long has been validated yesterday and I'm actually in this long. GL HF!
코멘트:
That was fast! TP1 hit!
코멘트:
Closed 20%@TP2. 60% remaining@BE.
코멘트:
Closed 20%@TP3! SL@TP1
코멘트:
Closed 20%@TP4! SL@TP2.
Nice trade.
Nice trade.
거래청산: 타겟 닿음:
Final TP hit! Gratz everyone.
