NZD/USD -
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Price consolidated mostly yesterday and gave us a new
high by ten pips, then again during Asia.
FOR TODAY:
We might have a B high at 8061, we need a fall to the
618/786 for a long trade setup. Shorts aren’t considered since we have no swing
low in place.
If we don’t get the setup we are looking for then we
don’t trade.
SHORT: Will be
going short only IF:
No short setups according to the system, we don’t have a
swing low followed by a test. Stand aside.
If we don’t get the setup we are looking for then we
don’t trade.
LONG: Will be
going long today only IF:
We need a retracement down to the 618/786 of this swing
for a long trade setup. Far away at present.
If we don’t get the setup we are looking for then we
don’t trade.
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