Fibs ready but is the pair can pull up?
Eu Uptrend in play but still need pillars.
Insane Pair. After seeing 4 hours pinbar candle and Bollinger Bands I thought this pair need a breather.
This is a simple RMA Trend that may help you decide for SL or TP. Similar to CapnsBands this uses Donchian Channels.. but remember. Your Trade Your Money
Okay! Traders cashed out and profits taken. Is Aud Ready for another Rally?.
RISKY LONG FOR FOMC - WARNING - Just TPed previous trade. Ultimately there can be big green candle or big red candle here.. I think it will be big green One. TP is 78.488 Possible? dont know.. will see Better to seat up earlier always
Didnt go that far. hit first 0.618 TPed .I always believed Markets setup trends before News and News volatility is just bit spice in the meal :) - unless something huge unexpected !!! Well lets See
Some might think NZD is way back to make third bottom but I dont think yet. I will be watching this pair and probably bearish first hours so I can find good price for Longs. Lets See
Here is little touch if NZD bounce tomorrow
Sorry for the arrow.. I doodle mad. That would be NZD story of tomorrow Cheers .
YELLOW TREND Line is Critical !!! Here is next weeks move. First Correction Then Long Again. Watch the Yellow line thou..
LITTLE UPDATE - Yellow line should be followed carefully.. Its a real stop loss of up trend Strategy.. if it fails this chart Fails.. MA240 again (Bulls) has broken now looking for opportunity GO LONG. Guessing bounce to 0.7550 would be that opportunitiy. Cheers
Just testing my strategy... will decide which action to pick later
Update : Yesterday waited for bullish hammer but failed with US News.. Still waiting see what happens till and of the today.. Well.. Bad news rolled down the pair but looks like it is climbing back. Still early but on my watch since if ONLY pair can close 0.84690 till end of the day its then we will have a bullish hammer. ONLY
That would be perfect if NZD could stay in the Main Trend so we can see fast movement upside. I believe next few days will be very important so it will show us will of UPTrend. Any weakness may result with going down with same speed thou. Better Watch out!