empty
 
 
16.10.2020 12:46 PM
Trading idea for the NZD/USD pair

This image is no longer relevant

A strong bearish momentum went through the kiwi yesterday, following the downward scenario predicted on October 14 .

Thus, as of today, the pair has already moved down 70 pips, almost reaching the target price levels set earlier.

This image is no longer relevant

In fact, the recent price movements have formed a three-wave pattern, with which wave A is the strong downward thrust yesterday.

To keep the quote moving in the direction of the target price levels, set short positions along the 50% retracement zone.

However, such a strategy will be irrelevant once the quote reaches the level of 0.6660.

Aside from that, the risk should also be monitored to avoid any losses. Remember that trading in this financial market is precarious, but also very profitable as long as you use the right approach.

In this case, the strategy used is Price Action and Stop Hunting.

Good luck!

Dapatkan keuntungan dari perubahan nilai mata uang kripto dengan InstaForex.
Unduh MetaTrader 4 dan buka perdagangan pertama Anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    GABUNG KONTES
  • Chancy Deposit
    Isi akun Anda sebesar $3000 dan dapatkan $9000 lebih banyak!
    Pada Mei kami mengundi $9000 dalam promo Chancy Deposit!
    Dapatkan kesempatan untuk menang dengan melakukan deposit sebesar $3000 pada akun trading Anda. Setelah memenuhi persyaratan ini, Anda telah menjadi partisipan promo.
    GABUNG KONTES
  • Trade Wise, Win Device
    Top up akun anda dengan dana minimal $500, daftar kontes, dan dapatkan peluang untuk memenangkan perangkat seluler.
    GABUNG KONTES
  • 100% Bonus
    Kesempatan langka untuk mendapatkan bonus 100% pada deposit anda
    DAPATKAN BONUS
  • 55% Bonus
    Ajukan bonus 55% pada setiap deposit anda
    DAPATKAN BONUS
  • 30% Bonus
    Raih bonus 30% setiap kali anda top up
    DAPATKAN BONUS

Artikel yang direkomendasikan

Tidak bisa bicara sekarang?
Tanyakan pertanyaan anda lewat chat.
Widget callback