Here is "the squeeze" on the NZDUSD daily. as you can see it has been going to the right for some time now, stoch is whipsaw and macd is flat from here it looks as if the guppy lines are starting to separate and go up, so do I buy? Well thats where naked charts come in and if you zoom out of the daily you will find it's at the top of a triangle and a resistance line so right now wouldn't be the best time to buy however if it does break then yes I will be buying. But for now it's best to wait even though we have all of the normal signals to go in however we dont know if this range is finished yet.
Just Trade It