EN produced a bullish butterfly after wicking through .618 level. Aud/Nzd also produced a harmonic. In fact, there are harmonics everywhere right now. We have NZD retail sales this afternoon. Here's the thing... AN broke a diagonal and gave me my buy setup, which is in profit, but EN did not break a diagonal no matter where I draw them from. Hard to explain. But keep in mind they are both technically in downtrends. Going up now, I will just make a quick video and go over EN and explain the patterns and you will learn something about diagonals and structure along with see my thought process on this trade if you watch it.
Commentaire:
I got out when the news spiked. Not feeling it