CT Impulsive found on NZDUSD H4 Chart, Bearish Bias Negated!

20 Şub 2017

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.

24 Şub 2017

İşlem elle kapatılmış

Closed on 24/2/2017 when it came to the resistance region again.