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Mohsen-Arzani
25 oct. 2017 13:31

NZDUSD (Daily) Price Action Analysis Long

New Zealand Dollar/U.S. DollarFXCM

Description

After a strong bearish move to the down side, price reached to a strong weekly support zone. You can either wait for a daily or H4 bullish candlestick pattern to get long or you can blindly take a long position around this support zone.
Commentaires
Glendoonie
I am still longing for the return to previous highs around 0.706 :-)
Glendoonie
And are ye both in? I am even though I hit a deficit set back early on. But NZ has a new government (finally) and Trump is still a goon.
Glendoonie
I don't know how many bullish candles are required before a buy position should be triggured. So I like your idea, "blindly take a long position around this support zone." :-)
shankaramotay
Hehe there's a hidden Gartley here :D
shankaramotay
@shankaramotay, sorry bat
Mohsen-Arzani
@shankaramotay, Exactly, strong confluent area to get long
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