NZD/USD - Potential Buy at Reentry MHV H1

Technical analysis based on Basic BBMA strategies ( Bollinger Band and Moving Average) . This is just a prediction where the market go. TAYOR.

Potential Buy
Entry point: Reentry MHV 0.71051
Cutloss : When CS able to close and break Low BB as Momentum Sell.

Note

Deduction : The reentry zone is actually reentry buy after CSM. It has good CS Reject MA Low 5&10 but was beaten by a closed strong Bearish CS. At the same time it able to break mid bb. Since it break mid bb i guess the price would look for Reentry MHV. So i just set PO Buy at MHV as entry point. And will cutloss if there any strong Bearish CS able to close Low BB. Good luck.

Transaction en cours

Hit TP 2 44pips. Can take profit now of hold set Break Even until price reach TP 3.

Trade fermée: cible de profit atteinte

Hit TP 3 65pips. Those who hold set BE.

razoredge22

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.

razoredge22