Hi traders,
Keep an eye on this one for a short setup. I believe there will be a down move to the bottom of local structure, but the question is, is the downside over? Maybe some more upside before the next big move down.
I am expecting a breakdown to bottom of structure, where it could bounce again. It could also break structure, and retest the previous support as resistance and break down, creating a new impulse leg.
Best regards,
Tom_Killick
Keep an eye on this one for a short setup. I believe there will be a down move to the bottom of local structure, but the question is, is the downside over? Maybe some more upside before the next big move down.
I am expecting a breakdown to bottom of structure, where it could bounce again. It could also break structure, and retest the previous support as resistance and break down, creating a new impulse leg.
Best regards,
Tom_Killick
Yorum:
Strong drop to downside since I posted this idea. I am expecting more downside into next weeks trading. Later we will see the open price and if lower, we will definitely get our swing down leg.
Benzer Fikirler
USDNZD outlook
TomProTrader
about USDNZD
I will update this idea accordingly as it progresses.
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