NZD/USD Bouncing up from the Low Level. Good to Buy ?

NZD/USD Analysis : Market hits the low level and bouncing up now.

NZD/USD trying to make Retracements in a downtrend.

Wait for the confirmation to sell this pair for making another big profits in a down trend.

Note : If the market is in downtrend, please find only a good Selling Opportunity in the market, even if you found any good buying opportunity in a downtrend, you should not take more risk. Because, market always move more and faster depends on the way of Trend.

Just follow this simple rule : Uptrend = Place only Buy order at good Buying Opportunity.

Downtrend = Place only Sell order at good Selling Opportunity.

Trend is always a Friend if you know how to read the markets in a correct way.

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3 thoughts on “NZD/USD Bouncing up from the Low Level. Good to Buy ?

  • December 31, 2016 at 2:56 am
    Permalink

    Thank you for your great analysis!!
    I wish you Happy New Year with a lot of love and lucky!!

    Reply
  • December 31, 2016 at 3:44 am
    Permalink

    Hi, may I ask what would be like the confirmation to sell in NZDUSD?

    Thank you

    Reply
    • January 18, 2017 at 1:42 pm
      Permalink

      You need to wait for the market to Breakout the support level 0.6850. Once Breakout happens, then you can keep selling this pair until the next bottom zone.

      Reply

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