Expecting bullish momentum on NZDUSD
Weekly timeframe
- Bearish -27 fib completion
- Bullish indicational candle
- Bears can kick in again at the 0.61492 region (position will get fully closed here)
Daily timeframe
- Inverse head and shoulders
4H timeframe
- 5-leg fib completion as my entry criteria (proven daily supply and demand zone)
- Bearish -27 fib completion
- Bullish indicational candle
- Bears can kick in again at the 0.61492 region (position will get fully closed here)
Daily timeframe
- Inverse head and shoulders
4H timeframe
- 5-leg fib completion as my entry criteria (proven daily supply and demand zone)
Comment:
Entry invalid
Comment:
No longer interested in this particular setup after CPI and FOMC news