New SWING idea NZDAUD/AUDNZD
Primary trade Setup :
We see a price that is exerted to reach higher and higher, but it is reaching critical areas of the price. In the highest area we have marked is the strongest of all. Hopefully a touch in that area to enter without remorse to a long sale. But in case the price decides to fall already, as possibly also the pair gbpaud then we will enter now. This sale is important because we are now looking for the first major setback that may be 31% of the fibonacci in 1d, so the amount of pips we are looking for is important.
We see a price that is exerted to reach higher and higher, but it is reaching critical areas of the price. In the highest area we have marked is the strongest of all. Hopefully a touch in that area to enter without remorse to a long sale. But in case the price decides to fall already, as possibly also the pair gbpaud then we will enter now. This sale is important because we are now looking for the first major setback that may be 31% of the fibonacci in 1d, so the amount of pips we are looking for is important.
Comment:
100 pips from the first retest