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Lee-k
May 28, 2020 5:13 AM

NZDUSD multiple orders, what do you think? Long

New Zealand Dollar/U.S. DollarFXCM

Description

NZDUSD market consolidation, we can see the 1H level.

The positions needing attention are 0.62320 and 0.61384, because these two positions are the two key points in the 1H cycle.

So how do we do that?

If you are going to make 1H level orders, you need to wait to step back to position 0.61384 to find the moving average position back into the trade.

If you are going to short - term, then it is recommended to empty the order, stop at a small level of pressure.

Trading friends, what do you think?
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