POSTMORTEM: NZDUSD For 12th February 2018 Post.

Peace be Upon you and Good Day!

Let's get straight to the point.

NZDUSD Analysis this week... I FAILED to analyse the market.

Why?

At the zones, that i have marked. The market didnt go short.

Kindly refer to the previous post. https://aotmbysalamtrader.blogspot.my/2018/02/analysis-of-market-nzdusd-12th-february.html

Why it didnt rebounce at the zones.

1. CB1 has not been broken. No sell signal.

2. Momentum @ the Awesome Oscillator showed that the momentum increased. No divergence.

Hence the market went up.

If you look at Daily Chart, use the FMCBR fibo. It shows that Daily has hit the TP1.

Sigh. I need to brush up my Elliot Wave counting skills. IT SUCKS!

Cheers!

Will update the EURUSD post later. Gotta have dinner now.

Salam!

SalamTrader.