Price Action Winding Up
The wind up is really on in this market.
If you flick to your daily charts you will see an inside bar along with other indecision candlesticks showing the bulls and bears both have no control.
Similar to the EURNZD, after the huge move higher in this market we are now back where we started the year.
Whilst I am happy to look for trades at the two swing high and low levels as shown on the chart, I will not be looking for anything in the middle of this chop.
If you flick to your daily charts you will see an inside bar along with other indecision candlesticks showing the bulls and bears both have no control.
Similar to the EURNZD, after the huge move higher in this market we are now back where we started the year.
Whilst I am happy to look for trades at the two swing high and low levels as shown on the chart, I will not be looking for anything in the middle of this chop.
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