We never trust only 1 trading tool to take any position
No matter how pretty the chart looks
Pretty charts dont make pips
But when you have 3 correlating trading rules indicating something is about to happen
then that chart is of interest to us
have a great trading week
Symbol: GBPNZD
Prediction : Short
Daily : The price is now on a resistance, we have for the moment just 1 rejection candle, I will wait the confirmation of this day candle closure.
4H: The price is on a channel, as we can see it is on a good resistance with a few rejection candle.
1H: I wait for a clear break of this wedge.
We can expect a bigger move if...
