Hello TradingView community, EUR/NZD finally breaks out of the 3 months consolidation from the end of March thanks to Positive Employment Data! For conservative traders like me, we could wait for a retest at the previous Resistance. Take Profit level is 1.63453 which will form a great Reward vs low Risk Trading Setup! Cheers! Vo Thien Phu
GBPCAD GBPCAD has been accumulated since 13/06/2017 around the 1.7000 level. However, the sign of accummulation is very obvious. That's why there were many individual traders following the trades. That's why the smart money decided to push the price lower on 07/07/2017 in order to kick all the small investors out of their position. The recent Pin Bar on H4...
FX:NZDCHF After nearly 5-month distribution phase from July 2016 to April 2017, NZDCHF finally penetrated the 0.7000 support level on 25/04/2017 with a long-body and huge-volume bearish candle. But then, it takes almost a month to return to 0.7000 which means there's a weak force of demand below 0.7000. In other ways, the smart money is interested in short...