-Clear short entry @ H4 200ema + 20ema
-Expect to see short take profits at 61.8 Fib level
-60% of retail traders are long NZDUSD -> further slide south
Trade plan:
- Did not take the short side, not chasing it, instead:
- Wait if 61.8 Fib will be tested
- Wait to see bullish candlestick pattern -> go long (1:3 RR)
-Expect to see short take profits at 61.8 Fib level
-60% of retail traders are long NZDUSD -> further slide south
Trade plan:
- Did not take the short side, not chasing it, instead:
- Wait if 61.8 Fib will be tested
- Wait to see bullish candlestick pattern -> go long (1:3 RR)
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.
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.