Too early to tell if the bottom is in when we look at the longer term charts. Price needs to consolidate .

Looking promising all the same and I’ve turned dip buyer from here. The November high to low is what I will be watching to gauge progress in the short term . A dip towards 0.6855 is the area I will be watching. This needs to hold over the next few days and into next week for this move to qualify as a change of trend further out, and not another correction in the larger down-trend .

 

NZDUSD-H1

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Horatio Dubsly

Collects more scalps than Crazy Horse and newly crowned Bitcoin & Dow top calling master.
Philosophy: "Trading rules.....it most certainly does"

Read how Horatio got into trading here
Horatio Dubsly

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