Nzd dollar Price Action Update support and compression levels holding price up
Hi,
I am quite keen to let everyone update about the recent price Action setups and the one I found today is kiwi dollar or NZD/USD.
I am still bullish on the pair towards the move 0.7030 for the short term, but the problem we are having is to breach the 0.6950 area, and once it is breached as price has compressed to 0.6880 support and once this supply is engulfed we should look to buy the pair towards the retracement 0.6990 levels.
So, Entry should be like :--
Buy Limit 0.6890-95 level
Stops 0.6870
Target !@ 0.6970
Target2@ 0.7030
I am quite keen to let everyone update about the recent price Action setups and the one I found today is kiwi dollar or NZD/USD.
I am still bullish on the pair towards the move 0.7030 for the short term, but the problem we are having is to breach the 0.6950 area, and once it is breached as price has compressed to 0.6880 support and once this supply is engulfed we should look to buy the pair towards the retracement 0.6990 levels.
So, Entry should be like :--
Buy Limit 0.6890-95 level
Stops 0.6870
Target !@ 0.6970
Target2@ 0.7030
Commentaires
Enregistrer un commentaire