Triple Bottom on NZDUSD

20 Mar 2018

When given the correct signal, a decent long trade could be made.

20 Mar 2018

Not

Currently there is a large bullish candle going further than what I expected. Continue to keep watch to weakness in this candle as Sydney and Tokyo sessions begin.

21 Mar 2018

Not

I adjusted the possible entry point to conform with the new price movement. There are clear signs of a reversal as we approach the lowest point of this resistance.



Four more hours until New York session ends and a new candle will be formed. I am hoping to see a bullish finish to this current candle. This will be a good sign for me to initiate my buy limit order.