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ALoke24
Sep 11, 2023 1:34 PM

Daily Wave Rider - SELL NZDUSD Short

NZD/USDOANDA

Description

NZDUSD
Channel: RED
WK Pivot: RED
AOB: 10
CON: SBB


SELL Stop: 0.5867
Stop Loss: 0.5921
TP01: 0.5813
TP02: 0.5705

DWR presents as a sell setup on 11SEP, with Channel and Pivot are red bouncing off SMA 10.

However, trade is not taken/considered as it differs from our Market Analysis Bias.

SPX500: Up
DXY: Down
OIL: Up
GOLD: Up

Reference to our WK37 analysis, we are anticipating a "Risk-On" sentiments thus will BUY AUD/NZD.
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