Evening Traders,
Todays analysis – NZDUSD- trading at a key location where an expansion is probable,
Points to consider,
- Local S/R Support
- Swing High Objective
- 200 MA S/R
- Oscillators Bullish Control
- Declining Volume
NZDUSD’s immediate price action is impulsive, trading at local S/R that has technical confluence with the .382 Fibonacci.
The 200 MA S/R is current dynamic resistance that is has a high probability of being respected.
Immediate volume profile is trading with declining volume, an influx is highly probable when testing key trade locations.
Overall, in my opinion, NZDUSD is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
“Focus, patience, wise discernment, non-attachment —the skills you acquire in meditation and the skills you need to thrive in trading are one and the same.”
― Yvan Byeajee
Todays analysis – NZDUSD- trading at a key location where an expansion is probable,
Points to consider,
- Local S/R Support
- Swing High Objective
- 200 MA S/R
- Oscillators Bullish Control
- Declining Volume
NZDUSD’s immediate price action is impulsive, trading at local S/R that has technical confluence with the .382 Fibonacci.
The 200 MA S/R is current dynamic resistance that is has a high probability of being respected.
Immediate volume profile is trading with declining volume, an influx is highly probable when testing key trade locations.
Overall, in my opinion, NZDUSD is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
“Focus, patience, wise discernment, non-attachment —the skills you acquire in meditation and the skills you need to thrive in trading are one and the same.”
― Yvan Byeajee
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Telegram: t.me/freetradingden 🔥
Claim $1000 Deposit Bonus 🎁
Trade with perks & support the community!
partner.blofin.com/d/TheAlchemist
Stay sharp, trade smart.
— Team The Alchemist ⚔️
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
Join the Free Trading Group
Telegram: t.me/freetradingden 🔥
Claim $1000 Deposit Bonus 🎁
Trade with perks & support the community!
partner.blofin.com/d/TheAlchemist
Stay sharp, trade smart.
— Team The Alchemist ⚔️
Telegram: t.me/freetradingden 🔥
Claim $1000 Deposit Bonus 🎁
Trade with perks & support the community!
partner.blofin.com/d/TheAlchemist
Stay sharp, trade smart.
— Team The Alchemist ⚔️
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.