EURNZD Ride the channel down?
See callout bubbles. The NZD looks like the stronger currency in this pair. Price is channeling down, so I would like to join that trend and ride to the bear trap level below if we get entry and the market wants to move down there.
I'm not incredibly excited about this one, but I'm taking a stab anyway to see what we get.If our area with sellers gets broken, and price continues upward, the higher time frame uptrend is still intact.
Always measure your risk and be okay with being wrong ; )
I'm not incredibly excited about this one, but I'm taking a stab anyway to see what we get.If our area with sellers gets broken, and price continues upward, the higher time frame uptrend is still intact.
Always measure your risk and be okay with being wrong ; )
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