NZD/USD Daily Video, January 13, 2016

Sive Morten

Special Consultant to the FPA
Messages
18,673
Good morning,

As we've promised - give you a hint for NZD setup:





The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.
 
Both ozzie and kiwi had last week nasty Black candlesto downside with overall downtrend. I always look for these candles at suitable levels..then look for retracement back within the body to take position. They are always very high probability trades.
Sive analysis with Butterfly gives extra confluence for the trade.
 
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