Short
simple short setup
valid before US session - we never know what impulsive move can take us. :)
Be aware the current tip price is not a resistance, it's simply dropped because it touched the rising wedge trend line, as everyone draw the lines differently, I may be wrong. BUT, in general, it goes to the right direction.
SL: previous resistance, I've drawn two red lines, you can decide which one to follow based on your risk.
TP: fib based, can go lower, but NZD is on the rise, so 0.7061 is already a good TP position
Won't be trading much today, have done TP on AUDUSD whilst on sleep, so it's good. AUDUSD seems to be going higher high and now on heading down again, so anyone interested can take a look.
GL
Be aware the current tip price is not a resistance, it's simply dropped because it touched the rising wedge trend line, as everyone draw the lines differently, I may be wrong. BUT, in general, it goes to the right direction.
SL: previous resistance, I've drawn two red lines, you can decide which one to follow based on your risk.
TP: fib based, can go lower, but NZD is on the rise, so 0.7061 is already a good TP position
Won't be trading much today, have done TP on AUDUSD whilst on sleep, so it's good. AUDUSD seems to be going higher high and now on heading down again, so anyone interested can take a look.
GL
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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.
Related publications
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.