We can see that price has fallen out of this ascending TL and has officially made a lower low.
Looking to sell this pair if we get to an area of interest which is at the 50/61.8 fib levels as if we look left we can see these levels have held as structure previously and we will then be interacting with the 50EMA. Would need a confirmation candlestick before entering this though.
Currently have a USDCHF short running so this pair would not agree with my bias however if we get stopped out or move SL to entry I will definitely e looking at taking a short on NZDUSD if we come up into these areas.
Looking to sell this pair if we get to an area of interest which is at the 50/61.8 fib levels as if we look left we can see these levels have held as structure previously and we will then be interacting with the 50EMA. Would need a confirmation candlestick before entering this though.
Currently have a USDCHF short running so this pair would not agree with my bias however if we get stopped out or move SL to entry I will definitely e looking at taking a short on NZDUSD if we come up into these areas.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.