CT Impulsive found on NZDUSD H4 Chart, Bearish Bias Negated!
Last week my trading bias on NZDUSD was bearish bias and my short was triggered. However, I closed it on 20/2/2017 (Monday) due to the Counter Trend Impulsive (Yellow Circle) formed last week. Today, my trading bias on NZDUSD H4 chart is MT Bullish Bias and I'm gonna long this pair at near my support & SND (Blue Box).
However, a strong break lower than 0.7120 region would negate my MT Bullish Bias.
However, a strong break lower than 0.7120 region would negate my MT Bullish Bias.
Trade closed manually
Closed on 24/2/2017 when it came to the resistance region again.
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Related publications
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.