NZDUSD - PREDICTION
Look at what the chart is telling you.
The best advice I was ever given when I started. You don't need to predict the future - just take a look at the past.
0.67, the Daily support, was strong resistance. In September, we broke above twice and retested the Weekly resistance, where we sit now with price.
Look at what happened after both of them. When price broke back below the support, it tested our target area on both ocassions.
Look at where I have my buy targets; it's a fib extension which lines up perfectly with the 2019 High price.
We're not doing anything magical at Realist, we're just looking at what the chart is telling us.
The best advice I was ever given when I started. You don't need to predict the future - just take a look at the past.
0.67, the Daily support, was strong resistance. In September, we broke above twice and retested the Weekly resistance, where we sit now with price.
Look at what happened after both of them. When price broke back below the support, it tested our target area on both ocassions.
Look at where I have my buy targets; it's a fib extension which lines up perfectly with the 2019 High price.
We're not doing anything magical at Realist, we're just looking at what the chart is telling us.
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