FX:NZDUSD   New Zealand Dollar / U.S. Dollar
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price broke daily res area but cant hold there and closed back below what created dark cloud cover patter in overbought area. stop above this pattern.

daily R/S zone:
wow
+1 Reply
itaskar vaicru
Lol, Iam glad to be out.. price stoped at resist, will look for short next week if it holds.
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stop moved, bull signal in potential support area, we need to see close below for continuation
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itaskar itaskar
went out because piercing pattern in 4h, iHAS with broken neckline in 1h
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vaicru itaskar
My SL 0.75
Is yet bearish
+1 Reply
itaskar vaicru
yep pal, it can continue down, I decided to close it because daily (neutral) doji, and bullish signals in 60/240. If I were still in I will put my SL a bit higher, 0.75 is round number and sellers can wait there, so you will be stoped out and after bears jump in it can continue lower. Of course you can be stoped out a bit higher as well :) its a risky game.
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vaicru itaskar
I change my view
I will close my trade tomorrow and on monday will go long
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dont like yesterdays daily close, wanna see more bearish power. Daily retrace looks like J hook pattern(AUDUSD same), so I moved my stop above previous high:
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itaskar itaskar
stop moved
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vaicru itaskar
Yo Bro !!! :)
+1 Reply
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