📢 Signal: SELL NZD/USD 📉
Entry Price: 0.62057 🔍
TP1: 0.61885 🎯 (17 PiP TP)
TP2: 0.61565 🎯 (49 PiP TP)
TP3: 0.61018 🎯 (104 PiP TP)
SL: 0.62187 ⛔️ (13 PiP SL)
💡 Ensure proper risk management when following signals!
💬 Comment:
"After the last bearish movement, the chart hasn't shown signs of reversing the trend, and it seems unlikely to turn bullish. It appears to be more of a pullback, and if this idea holds true, the chart probably won't reach the highest level of this pullback.
Reason for Selling:
Bearish Momentum: The NZD/USD pair has been trending lower, and the bearish sentiment is expected to continue, suggesting a good opportunity to sell.
Resistance Zone: The price is near a resistance level, making this a strategic entry point for a potential downside reversal.
Entry Point Justification:
Entry at 0.62057: Positioned just below the resistance area, allowing you to take advantage of the expected rejection and potential sell-off from this level.
Take Profit Targets:
TP1 (0.61885): A quick target to capture early gains from the initial price drop.
TP2 (0.61565): A more moderate target, aligning with a continuation of the bearish trend.
TP3 (0.61018): Positioned to capture a larger move, aiming to benefit from a deeper retracement if the downtrend accelerates.
Stop Loss Justification:
SL at 0.62187: Set just above the recent resistance to protect against any breakout, while keeping the risk-to-reward ratio favorable."
mr_bombastic_signal
Entry Price: 0.62057 🔍
TP1: 0.61885 🎯 (17 PiP TP)
TP2: 0.61565 🎯 (49 PiP TP)
TP3: 0.61018 🎯 (104 PiP TP)
SL: 0.62187 ⛔️ (13 PiP SL)
💡 Ensure proper risk management when following signals!
💬 Comment:
"After the last bearish movement, the chart hasn't shown signs of reversing the trend, and it seems unlikely to turn bullish. It appears to be more of a pullback, and if this idea holds true, the chart probably won't reach the highest level of this pullback.
Reason for Selling:
Bearish Momentum: The NZD/USD pair has been trending lower, and the bearish sentiment is expected to continue, suggesting a good opportunity to sell.
Resistance Zone: The price is near a resistance level, making this a strategic entry point for a potential downside reversal.
Entry Point Justification:
Entry at 0.62057: Positioned just below the resistance area, allowing you to take advantage of the expected rejection and potential sell-off from this level.
Take Profit Targets:
TP1 (0.61885): A quick target to capture early gains from the initial price drop.
TP2 (0.61565): A more moderate target, aligning with a continuation of the bearish trend.
TP3 (0.61018): Positioned to capture a larger move, aiming to benefit from a deeper retracement if the downtrend accelerates.
Stop Loss Justification:
SL at 0.62187: Set just above the recent resistance to protect against any breakout, while keeping the risk-to-reward ratio favorable."
mr_bombastic_signal
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.