Hello hello everyone,
I see a potentially nice trade forming on NZDUSD. A possible 500+ pips to be had as a swing position.
As you can see, my bias is bearish. I believe we will target the Relative Equal Lows below. I would have to see price start to move lower in the general vicinity of the illustrated path lines. If I don't get an entry in that area, then I would be keen to take one at the Bisi 2W R2F gap should we get a 2W close below it and then a retracement back into it.
Let's see how it goes!
- R2F
I see a potentially nice trade forming on NZDUSD. A possible 500+ pips to be had as a swing position.
As you can see, my bias is bearish. I believe we will target the Relative Equal Lows below. I would have to see price start to move lower in the general vicinity of the illustrated path lines. If I don't get an entry in that area, then I would be keen to take one at the Bisi 2W R2F gap should we get a 2W close below it and then a retracement back into it.
Let's see how it goes!
- R2F
R2F