Another potential short for the week ahead.... I will be looking to go short on a CTL break and close below the 4H 200EMA. We may see this corrective structure continue to the upside to 1.44800 and retest resistance and then break to the downside. Target set at daily support of 1.41300 For more trading ideas follow me on instagram: Link in BIO
I still have a long term short bias on this pair after breaking down below a key support of 1.05200 with the daily and weekly candles still looking very convincing for a big short. Lower time frames i have missed this entry here which i would've taken on the CTL break on the 1h TF. However if this moves the downside i will look at PA around the 200EMA and 38.2% ...
EURO struggles and we don't know for sure what's gonna come out it, but right here, at this point Divergent Crowd making Divergent Decisions upon their desired Directions which making shores great place to setup the Trap. We're looking for Rejection during Event Retracement which marked as Entry Point
Hello, NZD/USD downtrend taking shape, price is pulling back, will look for short position as soon as pull back momentum will decrease, probably rejecting 50 EMA and 0.382 fib, even though given the current acceleration I'd say it could even reach 0.5 or 0.618, while waiting for Fed's rate hike. Either way keep your eyes peeled and be ready to get in the trend!