nzdusd is exhausted for its long run downward , look for a buy back , still waiting for a price action trigger to enter the trade
reasons of entry :
1- nzdusd reached a strong resistance area ( daily in yellow and weekly in red )
2- divergence on the daily ( in black)
3- broke of h4 trend line ( in blue)
4- still waiting on a price action trigger to enter the long trade ( engulfing or a bullish doji )
5- no mans land area ( in purple )
good luck guys:D
reasons of entry :
1- nzdusd reached a strong resistance area ( daily in yellow and weekly in red )
2- divergence on the daily ( in black)
3- broke of h4 trend line ( in blue)
4- still waiting on a price action trigger to enter the long trade ( engulfing or a bullish doji )
5- no mans land area ( in purple )
good luck guys:D
評論:
if the daily candle stay like this ( engulfing ) , then here i will enter the long trade