Hey Guys!
The daily bias was short. Or in other words, price is likely to reach 0.6724 before reaching 0.7034.
So I took a short entry yesterday at 0.6908 with a stop loss at 0.7034 and its main target at 0.6724.
However, there were signs of lower time frame strong long strength kicking back in, so I just abort the short entry at 0.6877.
In this video, I explain the reasoning for the abort, and moreover what I'll be looking for in terms of trades on the nzd/usd.
That's it! I'll keep you guys updated!
Ken
Disclaimer: This is not Personal Financial Advice.
The daily bias was short. Or in other words, price is likely to reach 0.6724 before reaching 0.7034.
So I took a short entry yesterday at 0.6908 with a stop loss at 0.7034 and its main target at 0.6724.
However, there were signs of lower time frame strong long strength kicking back in, so I just abort the short entry at 0.6877.
In this video, I explain the reasoning for the abort, and moreover what I'll be looking for in terms of trades on the nzd/usd.
That's it! I'll keep you guys updated!
Ken
Disclaimer: This is not Personal Financial Advice.
Forex Trader/Forex Trading Education/Weekly Forex Forecasts and Midweek Forex Analysis