NZDUSD Trading Plan for Daily/Weekly


Peace be Upon You and Good Day,

Please do correct me if i am wrong. Really appreciate your comments on the trading plan.
There are 2 zones that needs to be checked if theres any indication whether the price will be bearish or otherwise.
1st zone would be at 0.70760 - 0.71024 (marked with the red arrow)
2nd zone would be at 0.71024- 0.73284 (marked with the red arrow)

Supporting Analysis
1. Weekly has made a divergence beforehand as an indicator the price will be bearish .
2. Now weekly has made a convergence, which means the rallying price is a correction move. Reaching the first zone. If it breaks the zone, lets wait at the 2nd zone for the sell position.
3. Daily has not shown any sign of the price would be bearish .
4. H4: Divergence of AO will appear at either of the 2 zones as a confirmation for bearish move. Candle break ( engulfing ) for the fibonacci retracement zones will also needs to appear at either of the 2 zones as a confirmation for the bearish move.
5. Elliot wave 3 and 5 is has appeared at weekly. Now the correction move, ABC is in progress. Wave B at either 2 zones should be completed soon enough. Wave C is the bearish move of the pricing.

Take Profit Area: 0.66917 - 0.65900

SHORT TERM: BUY till either at the 2 zones
MID TERM: SELL till the take profit area

Trade at your own risk and have a great day!

Please do share your thoughts.

ZH 简体中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 繁體中文
AR العربية
HE עברית
首页 股票筛选器 外汇筛选器 加密货币筛选器 财经日历 如何运作 图表功能 网站规则 版主 网站 & 经纪商解决方案 插件 图表库 功能请求 博客 & 新闻 常见问题 帮助 & 维基 Twitter
概述 个人资料设置 账号和账单 我的客服工单 联系支持 已发表观点 粉丝 正在关注 私人消息 聊天 退出