I see a rising wegde formation on XAUUSD are we seliing or buying....? I took a sell position, I am still holding.
Correlation of these three currencies (USDZAR, USDCHF and USDJPY) concludes my trading for the day before NFP, South Africa time. Rising wedges all the way. I am looking for XAUUSD and GBPUSD to go long during the NFP. I have orders in both of them.
Big tings now man eh! Waiting for the price to come to us then we execute.
Wedges trading! Waiting for the price to come to us and execute.
Wedges trading year! Eating from trading wedges. Look at these indices US30, NAS100 and GER30.
GBPUSD doing the most, my TP was hit and it still continued in favor of my predicted direction. +++++++