Clean new low on the 60 NzdUsd I think we can get a retest of the lows from the resistance level drawn in. RSI showing strength to the downside aswell. Only looking for retest of lows no further
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...
LogicStrategy Fundamentals
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
Insider Information
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.
NzdUsd has put a decent impulse in bouncing off minor support, we can possibly see relief to the killzone in which I would be looking for a retest of the lows and even a continuation lower. Potential head and shoulders on the 5 min currently so can see that relief as more likely.
