Hey guys
Hope yoiu had good trading week. I'll be posting few charts this week. I tried eurnzd long few days ago and got stopped out. I was little early in my entry. Here is what my thoughts are :
Weekly;
Hadelta above 0 now. Weekly is coming into kijun sen. So it is still bearish
Daily:
Daily is where is gets interesting. We got clean breakout. There is trendline from aug 2015 which has been broken. That means someting to be. There is double bottom on daily. Ha osc is above 0 .
So , i'll take a half size long next week as weekly kijun is not broken yet and it is counter trend as of now. Once it closes above, I'll add to position. This is a multi week position. I am not looking for quick scalp or profit.
Thanks for reading
Hope yoiu had good trading week. I'll be posting few charts this week. I tried eurnzd long few days ago and got stopped out. I was little early in my entry. Here is what my thoughts are :
Weekly;
Hadelta above 0 now. Weekly is coming into kijun sen. So it is still bearish
Daily:
Daily is where is gets interesting. We got clean breakout. There is trendline from aug 2015 which has been broken. That means someting to be. There is double bottom on daily. Ha osc is above 0 .
So , i'll take a half size long next week as weekly kijun is not broken yet and it is counter trend as of now. Once it closes above, I'll add to position. This is a multi week position. I am not looking for quick scalp or profit.
Thanks for reading