NZD/USD -
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We have a new B high for the AB swing.
FOR TODAY:
We need to wait for a retracement down to the 618/786 of
this swing for a long trade setup, else if price rallies beyond the B, then we
need to wait for a new B high to form.
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 trade setups during the retracement.
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.
If we don’t get the setup we are looking for then we
don’t trade.
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