I’ve added a second position to my current NZDCAD sell position. The first position was based on a bearish engulfing pattern testing and rejecting the daily falling window, confirming it as resistance. 66 more words
Had been waiting for this trade for a long time with big picture planning.
this is classic neckline retest of a Double Top. If price should print a right shoulder, then it will be the highest probability retest via a hns. 30 more words
Yesterday, better-than-expected US home sales figures pushed the EURUSD pair into a downward spiral breaking below the daily resistance zone.
Today on the economic calendar we have from the US the consumer price index in September that is expected to fall from 1.7% to 1.6% reflecting that inflation is not increasing and the FED may not raise the interest rates any time soon. 55 more words