NZDUSD has made a straight up without a correction. However, now its time to do that . This is supporting our last analysis of GBPNZD , that GBPNZD is getting support on a wkly chart. Trading sort of currency that has a strong trend, you need to always be careful. Becoz once the support line or resistance line is broken, you need to find out next support or resistance line. Safe trade is to wait for the end of correction and follow the main trend again. Aggressive trade is try to follow each possible waves, like swing traders.
We are swing traders that using ABC waves to find out trading opportunities. NZDUSD can make another new high as it bounce from the bottom. Following NZDUSD, GBPNZD is facing more down after a long-term trendline broken.
Less is more!
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Dagangan ditutup: sasaran tercapai
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NZDUSD hit E without a correction .
Dagangan ditutup: sasaran tercapai
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GBPNZD found a lower support than ours, but hit tps too.