Hi everyone this is my trade set up for the NZD/USD for the new week ahead
POSSIBLE 1 SCENARIO
i think NZD/USD will possible push up for a buy trade if it rejects the trend line which it has done on a few occasions now and should go up to the area of 0.70780, then will push down later in the week for nice sell trade and will break the trend line to lower levels of 0.69222 and beyond
NZD/USD has just completed a 5 leg wave
POSSIBLE 2 SCENARIO
if it breaks the trend line at the start of the week i can see it pushing to first lower level of 0.69222
This is my analysis only please trade with caution and risk management in place
good luck for this weeks trading
please like and comment both are welcome
POSSIBLE 1 SCENARIO
i think NZD/USD will possible push up for a buy trade if it rejects the trend line which it has done on a few occasions now and should go up to the area of 0.70780, then will push down later in the week for nice sell trade and will break the trend line to lower levels of 0.69222 and beyond
NZD/USD has just completed a 5 leg wave
POSSIBLE 2 SCENARIO
if it breaks the trend line at the start of the week i can see it pushing to first lower level of 0.69222
This is my analysis only please trade with caution and risk management in place
good luck for this weeks trading
please like and comment both are welcome