Final setup considerations:
- 100 SMA acting as dynamic resistance;
- no break above the 50% here as well (a point strong enough to nullify the whole setup, but no risk no gain);
I believe we have all that we need for this setup to go according to plan. We must also be aware of the fundamentals of monday and the zone in which the price will start the week. Trade safely!
- 100 SMA acting as dynamic resistance;
- no break above the 50% here as well (a point strong enough to nullify the whole setup, but no risk no gain);
I believe we have all that we need for this setup to go according to plan. We must also be aware of the fundamentals of monday and the zone in which the price will start the week. Trade safely!
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Full NZDCHF analysis:
