15min RSi + 30 min RSI here for entry. Got a 20pip stop loss and targeting a 1:3RR.
Evening Traders, Today’s Second Analysis – NZDCHF- breaking below Daily S/R with an impulse, an oversold bounce is probable. Points to consider, - Price Action Bearish - Supply Zone Target - Daily S/R Resistance - Oscillators Extended - Declining Volume NZDCHF’s immediate price action is bearish breaking key daily level; this allows us to have a bearish...
EURUSD extending its consolidation. Growing concern about a potential double top forming with the neckline 1.1685/00. Potential trade: If you want to preempt the double top. Sell 1.1830/40 S/L 1.1855 bid. On the other hand if you do believe this is a consolidation before a run up to the 1.1900/1.2000 area. Buy 1.1700/1.1685 tight Stop loss @ 1.1665.