Anyways, I'm looking for a short opportunity here on the Kiwi (which is also one of the weaker currencies) as we look to retest previous for the 3rd time. Yup, 3rd time which means our has already occurred and we can now look for a......26-18 for a potential entry.
A little hard to see on the hourly, but the view get's a lot clearer down on the 15 minute chart for you day traders. There's also a pattern hidden in there for you only traders, or for those looking for an aggressive entry into the 2618.
We'll look at this more in the live room today and remember gang, it's THURSDAY! So that means my Weekend Review video will be out. Make sure you head over to youtube and subscribe as I'll be doing a training lesson on the 4 Stages of trading and the evolution that a trader goes through. Just type "Akil Stokes" in and it'll take you where you need to go.
Chief Currency Analyst & Trading Coach