bearish expenctance
hello guys this has been my analysis
As we progress to the coming week i have been focusing on the kiwi loonie for some potential short trades. clearly we are at some key resistance and as of Friday the price action is showing quite a significant rejection from the upside and from previous data we can evidently see that the market has been respecting this zone and price as been pushed down. with that being the case im looking forward to sell the pair but bearing in mind that i have a trendline still upholding and could still be useful
my targets will be as shown on the chart however if the trendline holds surely we will consider being bullish
entries are confirmed when the price closes significantly below the zone
PLEASE GUYS IF YOU HAVE COMMENTS AND ALSO IDEAS PLEASE DONT HESITATE TO COMMENT
##APPRECIATED
As we progress to the coming week i have been focusing on the kiwi loonie for some potential short trades. clearly we are at some key resistance and as of Friday the price action is showing quite a significant rejection from the upside and from previous data we can evidently see that the market has been respecting this zone and price as been pushed down. with that being the case im looking forward to sell the pair but bearing in mind that i have a trendline still upholding and could still be useful
my targets will be as shown on the chart however if the trendline holds surely we will consider being bullish
entries are confirmed when the price closes significantly below the zone
PLEASE GUYS IF YOU HAVE COMMENTS AND ALSO IDEAS PLEASE DONT HESITATE TO COMMENT
##APPRECIATED
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