DK_Investment

NZD/USD - strong down trend channel - how to trade

做多
DK_Investment 已更新   
FX:NZDUSD   纽元/美元
market price moves within strong down trend channel since beginning of April and is near first strong daily support and long term trend line as drawn in the chart, I expect bottom building in this price area and will open long from there.

RSI is retraced from resistance, expect sharp down movement within heavy over sold area.

Take profit 1 at down trend resistance channel line and tp 2 at strong middle term resistance.

Enjoy your weekend :)
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