I just went long on NZDUSD with what is most likely a contraction breakout.
Remember that I only trade 1 pattern across all markets, FX, Commodities, Stocks, Indices, Crypto.
TECHNICAL INTEL: Trading a contraction which has made a breakout and re-test already. A double bottom was achieved at the re-test.
FUNDAMENTAL INTEL: NZD and AUD are quite affected by the US/CHINA trade war... but as the charts are showing/telling me we should be getting some good news out of the trade talks... before they possibly collapse in early September.
Remember that I only trade 1 pattern across all markets, FX, Commodities, Stocks, Indices, Crypto.
TECHNICAL INTEL: Trading a contraction which has made a breakout and re-test already. A double bottom was achieved at the re-test.
FUNDAMENTAL INTEL: NZD and AUD are quite affected by the US/CHINA trade war... but as the charts are showing/telling me we should be getting some good news out of the trade talks... before they possibly collapse in early September.