


sniperking
I see people trying to short this and fail. So ive decided to give it a shot. Short 3 times. yellow zone, red line and green zone. could drop lower
if you look on the daily chart you can see that this pair is trading within a range with the neutral level being 1.31227. . Yesterday we took out tuesday lows by 20 pip (stops hunting) ;)
We are starting to see loss of momentum in this pair and failed to break previous week high. The cross is right at a confluence technical level and depending on the NZD interest rate decisions this cross is likely to show more momentum to the downside in upcoming sessions.
i shorted from black line, hoping for retracement to blue line and will add on another short position
wait for the hourly candle to close in key area before deciding to buy
description on chart. Like if you agree.
Looking at the weekly chart, you can see price broke through a HL at the 1.2830 level. Price then pulled back into the bullish weekly candle that created the move down. Missing this opportunity to go short i waited for price to again close below the 1.2830 level, I will probably wait for mondays or tuesday high before shorting. i don't believe price will move...