this coming week on my watchlist we looking at a potential pullback on the nzdusd.
from a top down analysis im in a potential uptrend and with that being the situation im predominantly looking for more buys than sells. ive noticed a strong bullish candle in the weekly chat and to me it shows the bulls having control of the market. what im expecting is that the price pulls back into the previous zone, gather momentum and from then we are looking at some potential long trades
in a case that we dont pull back, something that normally happens in the financial markets, we seek for momentum trades to the UPSIDE, however any opportunity to the downside we will not consider engaging, bullish flags or rising wedges are some of the patterns we are looking to trade on this currency pair this coming week
from a top down analysis im in a potential uptrend and with that being the situation im predominantly looking for more buys than sells. ive noticed a strong bullish candle in the weekly chat and to me it shows the bulls having control of the market. what im expecting is that the price pulls back into the previous zone, gather momentum and from then we are looking at some potential long trades
in a case that we dont pull back, something that normally happens in the financial markets, we seek for momentum trades to the UPSIDE, however any opportunity to the downside we will not consider engaging, bullish flags or rising wedges are some of the patterns we are looking to trade on this currency pair this coming week