See callout bubbles. The higher time frame is telling me to go short on this pair. If we can catch price in one of these levels, we may be getting in at a really good price to buyback later really cheap for profit. I'm looking for just a little pop in the EUR tonight to either of the highlighted levels ad then for price to move away and continue lower.
Overall, the NZD is has been beat up for a time, so I am looking for it to come back against many of its pairs. I hope this is helpful. Let's do this ; )
Overall, the NZD is has been beat up for a time, so I am looking for it to come back against many of its pairs. I hope this is helpful. Let's do this ; )
Trade active
Price cut through our first area and traveled up to our second zone around 1.7260. Price reacted immediately to the area, but we could see it press in a little bit more. The NZD seems to be gaining steam, so let's just sit on this and see what comes of it. if this area holds, this one could be really nice...Trade active
This trade is still on. Not moving stop as NZD is seeing some strength.Note
This one is behaving very nicely. Just letting price ride down...Always measure your risk and be okay with being wrong ; )
Trade active
Same story. This trade is still filling the purse. Watching closely as we come into higher time frame demand. waiting for some strong candles on the D chart to determine when to closeout position. Good trade!Always measure your risk and be okay with being wrong ; )
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***If you feel like you've learned something and would like to learn even more, please sign up and support me as a patron at my Patreon page located at Patreon.com/SimpleRenkoTrading***
Thank you for your support!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.