Here are a couple of charts in my watch list. I am looking at the levels for next week’s trading. I don’t find a lot with clean levels now. So patience is required at the beginning of the week. Anyway, here are the CHARTS. $GBPAUD — This is probably the cleanest chart I can find […]
A bearish harmonic setup is observed while NZDUSD is retesting the broken trend line. Bias remains short for now.
I maintain my short bias of $NZDUSD for now after the established uptrend line was broken earlier this month. The broken trend line was retested and acted as resistance. I have been making some daytrades for the past couple of days. However, for the bigger picture, I am now looking at a potential swing trade, […]
Here are the currency pairs and the key levels on my watch list for this week. I am not sure if I have any extra energy to trade this week, since I am busy preparing for next week’s house moving. Anyway, that’s not the point of this post. Again, these levels are just support/resistance that […]
NZDUSD is currently trading in an interesting zone. We have a bullish harmonic formation and the confluence of key support levels, and daily rising trend line. If a bounce from here happens, I have two possible scenarios. 1st is a pull back and then continuation of bearish symmetrical movement (Refer to the yellow lines). 2nd […]