NZD/USD Potential Long
Looking at NZD/USD we can see a BAT Harmonic Pattern formed. Note the price is currently higher than the entry.
With the Stochastic indicator we can see the orange line is coming down to cross under the blue line, hinting slightly more downwards before the reversal up.
And then we have the MACD signal beginning to cross under the MACD.
Risk/Reward: 3.95 with 4 potential take profits.
*This is not trading advice. I am simply sharing my thoughts on where I believe NZD/USD is going next week.*
I appreciate all feedback!
*Double check my analysis with your own to make a confirmation before taking the trade*
With the Stochastic indicator we can see the orange line is coming down to cross under the blue line, hinting slightly more downwards before the reversal up.
And then we have the MACD signal beginning to cross under the MACD.
Risk/Reward: 3.95 with 4 potential take profits.
*This is not trading advice. I am simply sharing my thoughts on where I believe NZD/USD is going next week.*
I appreciate all feedback!
*Double check my analysis with your own to make a confirmation before taking the trade*
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.
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.