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Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.I entered sell @ Open of day on 5/22 price: 061260, We have a break out on 1hr and bearish momentum to downside after wick rejection off 0.61480 area. Target areas are tp1: 0.60840, tp2: 0.60680, tp3: 0.60420, tp4: 0.59965 ENTRY TO EXIT 1:2+ Risk/Reward
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Today market analysis
You will earn more money if you will follow my views,because I have posted this after checking the previous routine oaf daily time frame of H1,H4 clearly. some traders use fundamental analysis, other use indicators or supports and residences , believe on your own strategy.
This is very risky investment. According to my limited knowledge the investors should wait and see the every aspects of the market. The investor checks the actual worth of the stock in the market.
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Today Market position is : Sell
Market ajj bohut zaida nechay ki terf move kar gyi hai
Or Support and Resistance be Market kay nechay k janay ka Ishara day raha hai
Is liya Sell ki trade laga dani chahiye
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Today Market position is : sell
Currant position or previously position market k down honey ka ishara day raha hain
Support or resistence be market k down janay ki terf ishara day rahay hain
Is liya ajj sell ki trade laganay me he faida hai
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Today market trend: Bullish
Resistance and Support points are depend on market news
So before trading see indicators and then take a decision for trading
Always keep patience and get a huge profit in your trading
Come in forex trading and become a ßillionaire
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Today position :buy
Ye kaafi weak chal raha hai aur esliye esme usd strong hone ki wajah se ye pair up ho raha hai,esme ka level agar break hota hai to esme fir buy nahi karna chahiye,.aur sabse strong support esme long term trading ke liye hai tabb takk esme trader buy the dip karke market me sahi entry lekar apne trade ko open aur close kar sakta hai.
Aj k liye buy Karna zaida better rahay ga
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that moving average is very strong that keeping the price downwards from last many time, so it is expected that this time also the market will respect that moving average and will turn bearish from here. We should wait further for the daily candle to give us the confirmation and then we should start selling this pair further.
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Gbp/Nzd
Resistance Level (R3): 2.017
Resistance Level (R2): 2.010
Resistance Level (R1): 2.006
Pivot Point: 1.999
Support Level (S1): 1.995
Support Level (S2): 1.988
Support Level (S3): 1.984
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that moving average is very strong that keeping the price downwards from last many time, so it is expected that this time also the market will respect that moving average and will turn bearish from here. We should wait further for the daily candle to give us the confirmation and then we should start selling this pair further.