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DK_Investment
18 de May. de 2019 13:07

NZD/USD - strong down trend channel - how to trade Largo

New Zealand Dollar/U.S. DollarFXCM

Descripción

market price moves within strong down trend channel since beginning of April and is near first strong daily support and long term trend line as drawn in the chart, I expect bottom building in this price area and will open long from there.

RSI is retraced from resistance, expect sharp down movement within heavy over sold area.

Take profit 1 at down trend resistance channel line and tp 2 at strong middle term resistance.

Enjoy your weekend :)

Operación cerrada: objetivo alcanzado

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