GBPNZD Doji - break support 1.99 retrace to 1.98 - HEADSUP
GBPNZD Doji - break support 1.99 retrace to 1.98 - HEADSUP
i see this as a ripe condition - for the swing trade.
intraday the open range was crossed below and we are short on the basis: see related post
let price show a bit more confirmation before entry - or sell a pullback and rejection of resistance
i feel a short could be in order here - or at least a scale out of longs
but congestion along this zone is potential - followed by a bias long or sell off profit taking...ending to the week...
i see this as a ripe condition - for the swing trade.
intraday the open range was crossed below and we are short on the basis: see related post
let price show a bit more confirmation before entry - or sell a pullback and rejection of resistance
i feel a short could be in order here - or at least a scale out of longs
but congestion along this zone is potential - followed by a bias long or sell off profit taking...ending to the week...
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.