-Clear short entry @ H4 200ema + 20ema
-Expect to see short take profits at 61.8 Fib level
-60% of retail traders are long NZDUSD -> further slide south
Trade plan:
- Did not take the short side, not chasing it, instead:
- Wait if 61.8 Fib will be tested
- Wait to see bullish candlestick pattern -> go long (1:3 RR)
-Expect to see short take profits at 61.8 Fib level
-60% of retail traders are long NZDUSD -> further slide south
Trade plan:
- Did not take the short side, not chasing it, instead:
- Wait if 61.8 Fib will be tested
- Wait to see bullish candlestick pattern -> go long (1:3 RR)