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TheTradersAvenue
May 26, 2020 7:05 AM

NZDUSD > Trading Planย 

NZD/USDOANDA

Description

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Hey friends๐Ÿ‘‹ Support this idea with like if it's helpful to you, leave me a comment below that will help me a lot ๐Ÿ™.

Analysis of #NZDUSD

Here we have this pair rallied back to challenge the structure level again, this time we could see a break, with US500 now above 3000 despite escalating geopolitical risks, and major economy like Japan reopening, pairs like NZDUSD, AUDUSD, will have some strength and we could see a shift in the market with life getting back to "normal", be careful trading

I will be extra cautious looking for more confirmation with each trade I will take an

โš  Please note the ideas is valid only if it happened as I said above

Thanks for taking the time to read my idea please do not forget to hit the like it's my only reward๐Ÿ™Œ

Check today analysis below

Stay safe everyone
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Before trading our ideas make your own analysis.
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Disclaimer: this information is not a recommendation to buy or sell. It is to be used for educational purposes only**
Comments
Aqua_Trader
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I think the long one :D

TheTradersAvenue
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@Aqua_Trader, it did break to the upside and looking to get in a long trade
TheTradersAvenue
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@Aqua_Trader, thx for sharing
nkosienkosi
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Are we selling or buying
TheTradersAvenue
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@nkosienkosi, now its broke the structure we are looking fora buy
TheTradersAvenue
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@nkosienkosi, did not want to say long or short as the structure been tested many times and felt week to me, that's why did not short this one
TheTradersAvenue
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@nkosienkosi, thanks for the comment
iarrow
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then fall?
TheTradersAvenue
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@iarrow, it did break out, thats why did flag this idea as short trade, as the structure been tested many times and got weaker with each test
TheTradersAvenue
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@iarrow, thx for the comment
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