(i) Valid bearish break of trendline - Initiate short positions
(ii) If price action re-tests trendline & moves up - No trades
(iii) For upside move, as per my rules risk-reward not favorable, so I will look for only shorting if trendline breaks
There are potential pattern setups in NzdUsd I will update them when its about to complete. Before entering anyside...
Wait for the price to correct and then add to the trade (or enter if you didn't short last week).
Don't follow blindly.
Follow your rules and money management.
Feel free to ask questions or share your ideas.
This is an update of the previous NZDUSD idea I published. I just added Wolfe Waves. Check out the previous one below:
ANYTHING CAN HAPPEN!
Follow me for more kick-ass ideas.
