Price has sold off so much, I think I see a trade opportunity to catch the retracement, "reversion to mean".
I lay it all out in the video, thank you, and trade safely.
1% Risk
2:1 Risk/Reward
A look at the Major Indexes to form pairings for the week ahead.
PAIRINGS:
SELL PAIRS: NZDUSD, AUDUSD(C), GBPUSD(C), GBPJPY(C),AUDJPY(C),CADJPY(C), NZDJPY,CHFJPY
BUY PAIRS: USDCAD (C), USDCHF(C)
This Kiwi had its break followed by a few days of pullback/correction
Is it now setup to do its Bullish 5th wave up on the 4 hourly chart?
Let's find out
Hello dear Forex friends, hope you're doing well guys! ;)
The Kiwi is at a critical stage similar to the Aussie: We have only a few important levels left, before the 2008 financial crisis lows are lurking in the background. The Kiwi falling down to 60 Cents psychological would at the same time mean that we get oversold on the Weekly, which would be a great...
