Hello traders welcome to a new trading day as we look ahead. Traders we have a Holiday and NO U.S session. I recommend that you do not trade live accounts today if you must trade please use a demo account. We have some really nice trade set ups today. Enjoy your Thanksgiving holiday !
OK let us take a look at the NUZUSD- This is the 30 Minute chart. I see we are at resistance of the daily pivot. I have placed a trend line trade today as price action was very minimal yesterday. I am looking for a downside break and a retest of the trend line and we can sell this at the price of 0.6561. Traders we are looking to take the first profit at the 200 ema at price of 0.6542 and the second at the price of 0.6517.
Traders please remember the U.S is on a holiday today I suggest to trade on a demo account or just go have a nice day off sounds good to me. Talk soon traders…..William