Tradewith_William

A Brief Analysis of NZDUSD on the 1-Hour Chart

Long
Tradewith_William Aggiornato   
FX:NZDUSD   Dollaro neozelandese / Dollaro
In this concise analysis, we explore NZDUSD on the 1-hour timeframe.

Interesting Setup:
"NZDUSD is looking very interesting on the 1-hour timeframe" suggests compelling developments on the chart that deserve attention.

Pullback and Fibonacci:
"Pullback is complete and respected the golden area (Fibs levels)" signals the end of a temporary price reversal, with the pullback respecting a significant Fibonacci retracement level.

Target Levels:
Two target levels are presented:

Target 1: 0.60380
Target 2: 0.60780
These levels serve as potential price points based on technical analysis
Trade chiuso: stop raggiunto:
Got a little busy and not able to put a update on this trade.
USD went heavily to the downside.
So my position got taken out break even..

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