With the overall trend being down on the Daily TF
There have been numerous test of this 0.64 level and there is a nice shooting star candle followed by an engulfing candle.
IF this current 4HR candle can finish like this then i will be taking a short trade along with other reasons for my entry
Any questions feel free to ask
NZDUSD - Intraday - We look to Sell at 0.6498 (stop at 0.6523)
Posted Mixed Daily results for the last 6 days. Inside Soldiers have been posted on the daily chart. However, with the intraday chart now highlighting higher lows we are possibly forming an ascending triangle pattern. The previous swing high is located at 0.6498. Bespoke resistance is located at...
24/05 NZD Negative LogicStrategy Flip - This is where the Logikfx scores shift from net positive to a net negative on NZD
28/06 USD Positive LogicStrategy Flip - Logikfx scores shift from net negative to net positive on USD
Hedge Funds Nets Long USD since 2018
24/06 NZD Negative COTA Flip - Hedge Funds positions...
Price has broken a third touch of a daily ascending channel with very corrective price action.
The hourly ascending channel third touch (pattern within a pattern) also aligns with the daily third touch.
I am seeing if the market gives us an entry such as a double top or a hover (bear flag) along the bottom of a channel.
Ideal entry will be 20-25 pips.