Greetings Fellow Traders,
I know I said I wouldn't make a post about the NZD crosses, but I felt I needed to chime in. Price channels often form in the market based on current market strength trend lines. These channels can give a good indication of a seemingly relentless rally or selloff a very probable point to temporarily stop if not reverse altogether.
With my current view of EURNZD over the next 24 hours, it's going to put price near 1.73-1.74000...Should price make it there, does anything pop out to you as a trade? as far as Market Structure is concerned?
Leave your answers in the comments below!
feel free to comment/like/follow
I know I said I wouldn't make a post about the NZD crosses, but I felt I needed to chime in. Price channels often form in the market based on current market strength trend lines. These channels can give a good indication of a seemingly relentless rally or selloff a very probable point to temporarily stop if not reverse altogether.
With my current view of EURNZD over the next 24 hours, it's going to put price near 1.73-1.74000...Should price make it there, does anything pop out to you as a trade? as far as Market Structure is concerned?
Leave your answers in the comments below!
feel free to comment/like/follow
