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Oceania

AUDNZD nothing stopping it from going up for a whileHave been waiting for a while for this to reverse, maybe we are finally here. Got stopped the last time I tried, this time we got a very nice double bottom on the daily chart, and November was a bad month anyway, with very little central bank decisions, so no catalysts, it was by far the month with the least central banks meetings and the least going on. Looking like what happened previously: Price is in an uptrend since 2015 and in a channel, could go all the way up, once in the upper area thought I won't get my hopes up, we'll see... If the price goes up this week it should happen this evening during the OCE session And next week maybe Santa Claus is nice and it continues to rally.
Long
by MrRenev
Oceanic currencies reversalNZD & AUD are reversing, and the NZD is possibly providing a good RR entry. There is a good news catalyst: There is no big decision till next week, and it probably won't do anything I guess the trend over the long term (multi month) is bearish, or neutral, but I am going to do something that Tesla & Crypto bulls are uncapable of comprehending, and be a bull in the short term only. Jim Chanos got called a "hypocrite" by a brain deprived journo, for buying Tesla long calls a while ago. I can't get over how ignorant these noobs are. It could be an ABC, so what? I see a potential reversal, and a big reward compared to risk, I want in! Who cares if this is wrong? Might be. Lmao what kind of insecure brainfart would care about that? It's an opportunity to make money. Could end up like this: Or this: Or this: Or this: Here there is a convergence of factors pointing to: Enter here for maximum reward. It allows to pinpoint an entry. Zooming in 15 minutes, this is how I approach it:
Long
by MrRenev
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