potential buy idea NZDUSD
A potential buying opportunity is emerging as the price breaks out of a descending trendline, fueled by a successful test of daily support and a bullish divergence on the 4-hour chart. The price has been creating higher highs, indicating a shift in momentum.
Key levels to watch:
1. Retest of the broken trendline for a potential long entry.
2. Break and retest of the 4-hour order block above, offering a secondary buying opportunity.
PS: This analysis is for educational purposes only and should not be considered financial advice. Always practice good risk management.
Key levels to watch:
1. Retest of the broken trendline for a potential long entry.
2. Break and retest of the 4-hour order block above, offering a secondary buying opportunity.
PS: This analysis is for educational purposes only and should not be considered financial advice. Always practice good risk management.
Dagangan aktif
Nota
I have locked in partial profits here and adjusted stop loss
- Taking some profit off the table and move stop loss to break even
Securing a risk-free trade while still riding the potential uptrend.
Nota
I have another position added.
please use good risk management
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.