Forex EURNZD 12/29/2020 Trading Plan
Hey, Guys Onesiphoro here Content creator of Onesiphoro blogger.com in this
blog I will share with you guys how I trade in EURNZD 12/29/2020 in Forex. Without
further ado let's get right into it.
The chart from the weekly chart shows that the trend will go long and it seems to
be going to hit the resistance trend line that I put. The advantage of the weekly chart
as well is it was second from the most stable chart and usually it was use by swing
traider.
In this chart it tells us that its going short but not certainly sure if it going
to continue because the formation of the candle stick tells that it going to long
and the main reason why short occcuring because of retracement, a strategy
use by the bank.
Last but not the list the per hour chart, In this chart it tells the close story about what happen in Forex in much detailed manner compare to the other time frame. 1 hour chart is also use by daily chart. That's it for today I hope that you've learn a lot from this blog, see you soon God willing on my next blog.
You have a great strategy and risk ratio keep up the good work.
ReplyDeleteyeah the higher time frame is much more stable compare to lower time frame.
ReplyDelete1 hour chart is also use by daily chart.
ReplyDeleteThe advantage of the weekly chart
ReplyDeleteas well is it was second from the most stable chart and usually it was use by swing
traider.