Thursday, 24 November 2016

NZD/USD 24 NOVEMBER 2016 4HOUR CHART


Price tested the B low, we have to wait and see if we get a bounce or if we going to get a new AB swing, in which case we will wait for a rally to the 618/786 followed by a bearish cs formation for a short trade setup.

FOR TODAY: Will be going short if:
We need price up at the 618/786 for short trade setups, so no entries currently.

FOR TODAY: Will be going long if:

Also no criteria present for long trade setups. We continue to be patient.

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