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DenisRisticFX
18 de Ago. de 2018 17:18
NZDUSD on the up and up until 4h supply realignment.
FX:NZDUSD
240
New Zealand Dollar/U.S. Dollar
FXCM
Descripción
⋅
18 de Ago. de 2018 17:18
Price Altitude:
Middle
Daily Trend:
Down
4H Trend:
Up
Analysis:
Price bounced off the 25% resistance line and is retracing upward into two 4h Supply zones to re-align with the higher timeframe down trend.
Prediction:
Continue the retrace upward. Profit margin for longs is disappearing.
Price Points of Interest:
4h Supply @ 0.66646
4h Supply @ 0.66406
4h Demand @ 0.66079
4h Demand @ 0.65688
This analysis is meant to be educational, inspirational and confirming of your own analysis. Trade carefully, trade wisely by managing your risk exposure. Fortune favours the bold.
Trend Analysis
Supply and Demand
NZDUSD
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