Hi friends, sharing daily chart of Nzdaud as we can see it gives a breakout after a long consolidation in parallel channel resistance, So my trading plan is to take fresh entry after a breakout retest and bounce from resistance even if it does resistance based target first, i assume that now resistance will work as support after this breakout.
Will update idea if anything will change apart of this trading plan.
This is not and trade or investment advice. This idea is meant for learning only.
Best Regards happy trading- Amit
Will update idea if anything will change apart of this trading plan.
This is not and trade or investment advice. This idea is meant for learning only.
Best Regards happy trading- Amit
Nota
Price bounced very close from mentioned resistance zone as mentioned in idea description mates, marked a fresh resistance on chart for going long in it nowNota
After retest reached near target 1, hope it will do targets in coming sessionsMates. If today's candle will close in green then it will be a formation of three white soldiers.
Nota
Highest weekly closing after idea published and after 3 months of consolidation too went near to target one but taking resistance near about as it is resistance based target, but i assume that we can se targets after this good weekly closingNota
Target update-:Target one complete mates if close above can do remaning targets too
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.