NZD/USD

Quoting ZeroLag

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{quote} didnt work for me, took a loss...

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Quoting Blazed

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{quote} We probably will see last month high's I would wait. I left my trades open since I have been selling in a grid strategy and little by little. Hopefully im right. Sorry for the loss and good luck on future trades.

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Quoting Blazed

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Another reason why I find this a perfect scalping position. 200MA is strong on the 4hr DXY. {image}

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Quoting Blazed

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These are my orders, prob far from my goal but ima Swing it, in the mean time I will Scalp today since we already reached R2 and honestly this is the max that NZD moves in a day. I´m looking to scalp sales. already got 1, next sell order at R2. {image} {image} {image}

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Quoting Alyona

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Why fight a week of bullish daily candles? Price reached R2 because this is a strong trend. Get on the train. If you like mean reversion trends, then see the Daily chart--price is reverting to the 200ema, currently around 6885 +NU Bought 6782 Stop 6709 Target 7127 N interest-rate increases: https://invezz.com/news/2022/02/23/n...ve-tightening/

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Quoting Blazed

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If the day closes above the 61.80% fib retracement we might just continue our bull run. {image}

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Quoting khella76

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What about Eurnzd? Is it going to continue drop and till when? Thank you

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Quoting Blazed

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{quote} I Trade strictly technical, my view on EN: It looks like on the daily EN is already done with stage 4 on the daily block, for now Price is below the 200MA which works as a strong resistance but is far away from the 20MA, ( 20 MA kinda works like a magnet, price might go far from it but always comes back close to it), STOCH indicator seems to be reaching buttom too. On the WEAKLY we see that is close to the 61.80% FIB Retracement, which might make the price Bounce upwards and start another cicle. Things to watch: -Wait for STOCH on Daily...

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