NZDUSD
- Early morning Retrace down to 6555, more than expected but still doesnt annul BULL case.
- PA on many TF's pointing to another jab/break of previous highs of `~6600
- Currently @ 6567 and showing clean, simple bullish patterns likes wedges (on M1,,,FWIW) and completing H&S on M15 TF
(M30 TF also showing a bearish Inv H&S...lets see)
- Added longs yesterday on downspike and scaled in more now.
- Any move abv 6577 wud kind of confirm test of yesterdays HOD
- Any move below 6555 would take out bulls and increase bearish pressure..and next is Grade A RES Turned SUP @6530-6540 Tug-of-War Zone
- Bear Squeeze above 6610-20 possible (more stops accumulating there since yesterday)
- IMP Levels on upside remain same as mentioned before
Lets WnW
P.S. should have booked longs yesterday...& reloaded again..but as they say u cant juice out every single move every single way.its trading and nothing in 100% in trading.In anyway dont care much, this account is now a free trade..wud let it run
- Early morning Retrace down to 6555, more than expected but still doesnt annul BULL case.
- PA on many TF's pointing to another jab/break of previous highs of `~6600
- Currently @ 6567 and showing clean, simple bullish patterns likes wedges (on M1,,,FWIW) and completing H&S on M15 TF
(M30 TF also showing a bearish Inv H&S...lets see)
- Added longs yesterday on downspike and scaled in more now.
- Any move abv 6577 wud kind of confirm test of yesterdays HOD
- Any move below 6555 would take out bulls and increase bearish pressure..and next is Grade A RES Turned SUP @6530-6540 Tug-of-War Zone
- Bear Squeeze above 6610-20 possible (more stops accumulating there since yesterday)
- IMP Levels on upside remain same as mentioned before
Lets WnW
P.S. should have booked longs yesterday...& reloaded again..but as they say u cant juice out every single move every single way.its trading and nothing in 100% in trading.In anyway dont care much, this account is now a free trade..wud let it run
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152