NZDUSD i was really looking forward to the 1hr head and shoulder formation i shared on last thursday not playing out, however price did tap into the price range i mentioned (56500) if the head and shoulder did play out almost to the very pip (weekly demand). even now looking at the 4hr again it is a massive 4hr head and shoulder formation which removed daily demand. nevertheless i entered my longterm swing with a 30 pip SL aiming for 59000 and 59675 tp areas.
NZDUSD Looking good so far bulls. looks like this head and shoulders formation i shared yesterday may be invalidated. good stuff... waiting for my oppurtunity on the 15min
NZDUSD I took a short on this pair during new york session but looking to go long. this head and shoulder formation will be confirmed if price break below 57100-000 and hold with a bearish retest (engulfing). it is very obvious this pattern was formed for core pce tomorrow. if this pattern is confirmed, possibility price heading to 56500ish area. hopefully im wrong bulls