Tuesday, November 4, 2014

1300 - Some action in Daily Charts


Bullish engulfing.
But the previous support is quite close.

AUD, which is related to the current trade I am in.
It is a good sign, which I am also long, in 4 hour charts.
So most like I will skip this one.

Similar to NZD, EUR is also gaining strength against USD.
This one has a bullish pin, but the pin is short, and it is not green.
The engulfing is also not a really fimilar one.
Engulfing to me, seem more like a full red candle, followed by a full green one to counter it.
I prefer the NZD/USD to this one.

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