NZDUSD BUY TRADE IDEA 26 04 2021
BUY NZDUSD 0.7182
SL: 0.7152
TP1: 0.7202
TP2: 0.7222
TP3: 0.7242
*Trading conditions may differ between account types and brokers.
Signal Analysis by LCMS Traders
Currency Pair: NZDUSD
Timeframe: H1
Step 1 - Previous News: NZD: -, USD: Unemployment Claims data decline in the number of unemployment benefits
Step 2 - Trend: Across, Counter Trend
Step 3 - Support/Resistance: Bouncing Off Support
Step 4 - Indicators
- Bollinger Bands: within
- MACD: both up
- Stochastic: H4 heading up
- PSAR: bullish
Step 5 - Upcoming News: NZD: Bank Holiday next Monday, USD: Flash PMI data 2145hrs, New Home Sales data 2200hrs
Edited 30 Apr 2021, 05:59
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