Hi again!
Cool - it's time to share the second chart I've my eyes on as well for the upcoming 48 hours! It is of course AUD/NZD (again) but this time for a potential short play!
Overall, our criteria points are met, and they are rather simple so that is nice. However, we've some additional things that I like! And, that is the fact that this pair is getting very over-extended and that is pretty rare for pairs such as these. This does increase the probability of my zone playing out for a pullback, so I'll be waiting!
Of course, the 4hour time-frame is what I am looking at to confirm my bias.
Kind regards,
Max Nieveld
Cool - it's time to share the second chart I've my eyes on as well for the upcoming 48 hours! It is of course AUD/NZD (again) but this time for a potential short play!
Overall, our criteria points are met, and they are rather simple so that is nice. However, we've some additional things that I like! And, that is the fact that this pair is getting very over-extended and that is pretty rare for pairs such as these. This does increase the probability of my zone playing out for a pullback, so I'll be waiting!
Of course, the 4hour time-frame is what I am looking at to confirm my bias.
Kind regards,
Max Nieveld