Nzdusddaily
NZDUSD approaching support, potential for a further rise!
NZDUSD approaching support at 0.65951 where it could potentially rise further to 0.66249.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
NZDUSD reversed from resistance, potential drop!
NZDUSD reversed off its resistance at 0.66014 where it could potentially drop further to 0.65792.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
NZD/USD: STRONG BULLISH MOVE.In the name of Allah, the Most Gracious, the Most Merciful.
NZDUSD IN MONTHLY TIME FRAME HAVE CREATED DOUBLE BOTTOM PATTERN WHICH TELLS US THAT MARKET TREND IS BULLISH.
IN WEEKLY TIME ZONE WE MAY FOUND A ASCENDING CHANNEL PATTERN.
IN DAILY TIME FRAME WE HAVE A SAME ASCENDING CHANNEL PATTERN RIGHT NOW ARE SEEN AS CORRECTION IN MARKET
I HAVE EXPLAIN ON A CHART THE NEXT MOVE OF MARKET.
IT IS HIGHLY RECOMMENDED TO FOLLOW RISK MANAGEMENT STRATEGY.
HOW TO TRADE ON OUR SIGNALS.
We Explain above you use that lot size whatever Capital you have.
Let say, for example; you have 4000 Dollars Capital.
We Posted Trade which has 4 Take Profit.
We will use 0.20 Total lot size We will divide it
in 4 Orders.
0.20 lot Divided by 4 Take profit = 0.05 Lot size.
So we will open 4 Trade with 0.05 Lot size for each trade.
Let See How We will do.
1st Trade 0.05 Lot: Stop loss Same >> Take profit will set to First target.
2nd Trade 0.05 Lot: Stop loss Same >> Take profit will set to Second target.
3rd Trade 0.05 Lot: Stop loss Same >> Take profit will set to the Third target.
4th Trade 0.05 Lot: Stop loss Same >> Take profit will set to the fourth target.
Let Say Our First Target Hitted Then you need to Move All Remaining Trade stop loss to Entry.
If Our Second Target Hitted Then You Need to move All Remaining Trade stop loss to First Target.
If our Third Target Hitted then You need to move All Remaining Trade stop loss to Second Target and So On.
Note: This is only for Educational purposes; this is not investment advice.
Thanks
Adil Khan.
NZDUSD Market Outlook | Daily Forex Market BreakdownNZDUSD
Strong bullish movement with NU. As previously mentioned if we sustain above 0.65 I feel we could keep pushing back to the upside, but if we get a clean break and with a strong close below 0.65 we could see some big downside movement. Too early to jump into a trade right now we need to let this develop