On the 30-minute chart, there is a potential sell-limit at the rim of the teacup. Look for sell before a push further to the upside... **FOR INFORMATIONAL PURPOSES ONLY**
Look for NAS100 to reach the previous high before selling off to the .38, .5, .618 levels. If it breaks the high, look to reach the extension on the fibs.
Depends on what it does near the zone... If it reacts/rejects in my buy zone, I'm buying. If it continues beyond, I'm selling...
Using a Teacup, I am looking to sell GBPNZD around the areas of listed on the chart. Overall, this pair is in a down trend, so looking to follow the trend. I would love to hear your ideas.
This is my first published idea, but I've been studying this pair for a few weeks now. Tell me what you think about this setup. I thinks it's a great view of the Head & Shoulders pattern, so looking for a sell for next week. Your thoughts?