Hello fellow traders, as discussed in 16 Nov 16 blog post about AUDUSD, the pair broke the rising trend line and confirmed a break in daily time frame. At the time of writing the post the pair has already shredded more than 150 pips and is trading at .73387. Expect a pullback here to minimum at .74250 level and enter the trend.
Another beautiful set up has emerged in NZDUSD as the pair has broken the neckline of a head and shoulder pattern. Also it has broken the rising trendline on weekly as well as daily chart hence the pair becomes more attractive to trade.
I hope my posts are helpful for all.
Let us see how it goes.
happy trading to all.
Another beautiful set up has emerged in NZDUSD as the pair has broken the neckline of a head and shoulder pattern. Also it has broken the rising trendline on weekly as well as daily chart hence the pair becomes more attractive to trade.
I hope my posts are helpful for all.
Let us see how it goes.
happy trading to all.
