NZD/USD -
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Price gave us a dip followed by a bullish cs formation
yesterday, but failed to take out 8000. We need a break of 8000 to move higher.
FOR TODAY:
We will look to buy after dips followed by bullish cs
formations. Shorts are only considered at the BF786 after bearish cs
formations.
If we don’t get the setup we are looking for then we
don’t trade.
SHORT: Will be
going short only IF:
We can only consider shorts after a test of the BF786
followed by bearish cs formations.
If we don’t get the setup we are looking for then we
don’t trade.
LONG: Will be
going long today only IF:
Today is another DA86 trading day where we are looking
for dips followed by bullish cs formations for long trade setups. Place stops
10 pips below the low of the cs formation, max 1% risk, limits are up at 8019.
If we don’t get the setup we are looking for then we
don’t trade.
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