alphatrader4

Price bars provide cleaner chart then candle charts?

Long
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
3
Well I am not expecting a lot over the next 36 hrs since in some areas it is still considered a holiday (Monday).

I guess we will see what happens over the next day or so.

I like to keep the charts as clean as possible and not turn the canvass into a complete nightmare so today I am
going with reg bar charts, does seem to clean up the price action some.

The chart is pretty explanatory we are slowing grinding down into support and off of support we like to ????

You got it ... buy ... providing a price action signal is given to the long side. We don't just jump in we wait for a
actual long signal like a pin bar or bullish engulfing and sometimes you are required to scale down to 4hr chart.

(buy off support and sell off resistance)

So long trade it is - PROVIDING a long signal prints if not we .... NEXT it.

Hope you all had a great EASTER!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.