Weekly Perspective (Ozzie Kiwi)
Hey Guys,
If you reviewed my previous ideas by know you know the correlation in the pairs.As you know we are looking for a breakout on the way up in AUDUSD and we know that the kiwi is going to be strong in the coming days. Technical the pair has completed its move southwards and is headed north so i'm looking for continuation patterns to enter every time they form or to move the stop losses if you have any.The previous week was a strong one for AUDNZD but the correlation was different the ozzies were weak the kiwi was weak the pair of AUDNZD was more likely going to fall but the perspective changed the whole idea now we have something different in our charts show us that the downside pressure will be easily diminished as soon as the price crosses the previous high.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: Trade at your own risk.
Good Luck...!!
Regards,
Growing Forex Team
If you reviewed my previous ideas by know you know the correlation in the pairs.As you know we are looking for a breakout on the way up in AUDUSD and we know that the kiwi is going to be strong in the coming days. Technical the pair has completed its move southwards and is headed north so i'm looking for continuation patterns to enter every time they form or to move the stop losses if you have any.The previous week was a strong one for AUDNZD but the correlation was different the ozzies were weak the kiwi was weak the pair of AUDNZD was more likely going to fall but the perspective changed the whole idea now we have something different in our charts show us that the downside pressure will be easily diminished as soon as the price crosses the previous high.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: Trade at your own risk.
Good Luck...!!
Regards,
Growing Forex Team
Comment:
weekly perspective 15-may-19-may 2017.
Comment:
Short term trade setup
