Looks prime to continue the uptrend here. RgMov still strong and we are coming out of OS levels on CCI. Range expansion to the upside. 2-3 ATR stop loss. Good luck. Size appropriately.
Note
we are coming off the lows, looking safer. Daily close important hereNote
New daily high :PNote
taking profit here. Will monitor POST OPECNote
looks like we got a good exit. Would have lost most of the profit if we let it runNote
NZD is weak across the board. Oil still rallying. Definitely not something we want to buy at this point. In fact, one could even short a break of the option level as it should accelerate downTrade active
Note
We closed at 9400 to reduce risk ahead of Italy Referendum and NFP, looks like this pair has already started pushing back up. Sit on the sideline for now. If still in shorts, I recommend you take a look at the 4hr and close :P
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.