NZDUSD Building up to a Short

I have tidied up chart and added trade plan - aggressive entries get go at market now for a short.

Otherwise can wait for yellow upper TL bounce. Be ware of retest for higher upward moves targeting .725.

Will write better commentary after meeting lol

ความคิดเห็น:

So the So called "Trump" rally gains are set to be lost. Market sentiment was hung on expansionary policy that Trump nor his team have specifically given details of. Going to expect this as the normal and GOP was never great at drafting policy and Trump sets to be a "all talk and no show" President.
So as of now - waiting for PA to hit upper yellow TL as we move closer to inauguration day.

NZD showing some good forecasts on commodities, expected growth with inflation expectations warming to 'luke warm' outlook.

Trade with caution as USD with Trump at the hem will have volatility more bias towards news releases - and sadly, I am referring to media news and announcements; not data