Outside Bar on NZD/USD

Outside Bar on NZD/USD

Near the round level of 0.72000, a classic pattern of the Price Action Outside Bar (H1 timeframe) was formed. This formation signals a possible correction in the near future. The local support is 0.71700.

We recommend looking for entry points to the market in order to open short positions if the NZD/USD quotes fix below the 0.71700 mark. The movement is tending potentially to 0.71300-0.71000. When tracking the position, it is better to use a trailing stop.

It is necessary to reduce risks when opening positions. This transaction is countertrend.

by JustMarkets, 2017.06.07

This article reflects a personal opinion and should not be interpreted as an investment advice, and/or offer, and/or a persistent request for carrying out financial transactions, and/or a guarantee, and/or a forecast of future events.

Buka Akaun

Dapatkan Analisis Percuma

* ruang yang diperlukan
Artikel Terakhir
Semua Artikel
Apakah Konsep Utama Analisis Teknikal?
Penganalisis teknikal menggunakan carta dan graf untuk menganalisis trend, pola dan data pasaran yang lain untuk mengenal pasti isyarat beli dan jual. Konsep utama analisis teknikal adalah untuk menganalisis sejarah harga dan data volum untuk membuat ramalan tentang pergerakan harga di masa akan datang dalam pasaran kewangan.
Baca lagi