NZDUSD: PULLBACK TO AN IMPULSE UP OR BALANCED MARKET?

I'm doing this chart to track a trade. It's not a trade recommendation chart.

I will Sellstop below this red bar
and sell 50% -75% retrace of this bar.
Stop @ High +spread+1pip ;)
Target = I'll manage the trade

November 19 RE up day failed to validate

I'm also monitoring actions on GOLD, COPPER & LIVE CATTLE


MooreKapital

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Yorum:

Stopped Out!. The short trade failed. I did not pay attention enough to detail.
"The uptrend of 6-weeks is still stronger than the downtrend at only 4-weeks"