NZD/USD -
follow me on twitter @fxdailyforecast and stocktwits.com/fxg
Price rallied to test the B high yesterday and has fallen
back since.
FOR TODAY:
We might have a B high at 8063, 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 and the bounce is too shallow. 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.
No comments:
Post a Comment