Another one!! Strong Correlation bagged us 2 Wins!

Our NZDUSD analysis last week predicted two possible moves, so we watched closely alongside AUDUSD because of their strong correlation and both gave us a strong signal to short at the same time. NZD bagged us 70 PIPS+, and AUD another 125 PIPS+. One of our confirmations to enter was because of AUDUSD but at the same time if you look on our daily chart price kept retesting the 38.2 FIB and the EMA and printed long wicks one after another of rejection! The Fed Rate increase 2% also fueled the fire for the drop!

We will be releasing our Advanced Technical Analysis and Day Trading Strategy course soon, in the meantime...

...if your interested in deciphering our analysis and staying updated on entries join our newly made telegram group so we can grow together!

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Trade attivo:

We held our trades over the weekend and might possibly be adding to our entry on Monday!