Hello traders,
A swing idea here..
The setup is looked at from technical perspective mainly. We can see the impulse and correction pattern, as well as a nice weekly demand (which i refined to 3D to publish)
I will not enter this trade immediately, i will wait for confirmation on lower time frame and go from there.
Trade safe guys! Wishing you a great week ahead.
A swing idea here..
The setup is looked at from technical perspective mainly. We can see the impulse and correction pattern, as well as a nice weekly demand (which i refined to 3D to publish)
I will not enter this trade immediately, i will wait for confirmation on lower time frame and go from there.
Trade safe guys! Wishing you a great week ahead.
Comment:
Quick update.
I still can't see a clear LTF confirmation entry on this pair, therefore no entry for me yet..
Worst case scenario, if this demand zone breaks, I will monitor the one below. In general, I still stand by my bias, and will buy this pair when the confirmation appears on the chart.
I still can't see a clear LTF confirmation entry on this pair, therefore no entry for me yet..
Worst case scenario, if this demand zone breaks, I will monitor the one below. In general, I still stand by my bias, and will buy this pair when the confirmation appears on the chart.
I am still not in the trade. As there is NZD news in few hours, we may see a spike down into the demand again. This would be the best way to enter, however, big SL.
I will not personally enter yet. I will wait and watch.