so if you watch this you can see how sometimes patterns play a big roll in structure on the markets and waiting for them to play out we can see whats happeneing now so we need to just wait anything can happen and we have news at 15:00 for the dollar
As always, patience pays the bills. I personally don't like taking trades for the sake of it. I wait until I have a very high probability of being right and I make sure I win more when I'm right than I lose when I'm wrong.
Here is a lovely little set up on the EURNZD.
Daily timeframe showing massively oversold at a Major structure level being tested. Loss of...