Comments on the chart
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Holy cow! Market opened with a near 80 pips gap up. 1.0880 is it for this idea. Ah I see why Building consents in NZD were abysmal. Still following the idea
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Massive gap up in price. Looking for this gap to be filled
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Price gapped up at the beginning of the trading day because of negative fundys weakening NZD. The (E) top is still intact though so the idea is still in play. Only just. I am looking for the gap to be closed. Sometimes price offers fake moves to the desired one only to tow the line later.
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its the turn of AUD to get bad news. Data just released in australia for current account and Building approvals were dire as well and so the audnzd is now falling. I would like to see the gap closed
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Trade closed for a tiny profit. Price has gone the other way. I think I has a lucky escape. If price falls back into the structure from here then I will be looking to short again as (c) has not been taken out.
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Double top?
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Price is toying with me. I am looking for downside action but not getting it. If price breaks above the congestion I will go long