This day killed me. This shows the limits of technical analysis, because of I am not the only loser with NZD today.
Most of tech. analysts had expected a falling NZD.
ForceFollower
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I'm sorry to hear that. I was hoping you knew I was bullish on NZD... Just keep in touch with me... :-)
motleifaul
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Yes, sometimes you're right. ;-)
ForceFollower
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I like your new candles. Looks like you got it right. May be headed for 2.0, just to retest it again.
motleifaul
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Thank you. 2 - may be later. On the 1 hourly basis I took the profit now as we are not even able to complete the 38.2 % fibo correction.
motleifaul
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I think, now after the correction in the 4h-chart it's possible to renew the long position for the target 2 or a bit higher.
ForceFollower
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Yeah, it looks bullish. But look at the swing highs and lows - they are lower and lower...
Most of tech. analysts had expected a falling NZD.