NZDUSD- Ascending Channel
There is good long opportunity for NZDUSD of the retracement on the demand zone which is also in line with the 23.6% fib level.
Another confluence will be the EMA acting as support and price also retracing from the EMA.
A very strong buy signal for this pair.
Another confluence will be the EMA acting as support and price also retracing from the EMA.
A very strong buy signal for this pair.
Note
I made a mistake as the Fibonacci was the wrong way round as I was looking for bullish signals. This would have been a very good short trade and have a good risk to reward ratio!Mistakes happen as long as we learn from our mistakes and improve each time, we will become better!
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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.