Compare & Contrast with Christopher Lewis

I do not trade daily charts, but based on my one-hour setup, there is no way in the world I would have been looking to possibly short this pair—at least not under current conditions (or as they stood a day ago).

ScreenHunter_3130 Jan. 16 01.14.jpg
 
I don’t trade daily charts, but on my lower-timeframe chart setups, similar to what Cristian described, I see GBPUSD as having reached a key level which I call “statistical resistance” (see the right-hand edge of the chart below). However, the “price action reversal” I will need to see to confirm the pair as having adopted a bearish sentiment is a downward hook in the white moving average.

compare with cristian.png
 
expiated said:
I do not trade daily charts, but based on my lower-time-frame setups, there is no way in the world I would have been looking to possibly short NZDCHF—at least not under current conditions (or as they stood a day ago).
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Cristian Moreno's analysis notwithstanding, I think time might have affirmed my thoughts back on January 15, 2019 in that this pair's exchange rate is now up to 0.6869.

NZDCHF.png
 
expiated said:
I don’t trade daily charts, but on my lower-time-frame chart setups, similar to what Cristian described, I see GBPUSD as having reached a key level which I call “statistical resistance.” However, the “price action reversal” I will need to see to confirm the pair as having adopted a bearish sentiment is a downward hook in the white moving average.
More...
At this point I've seen the price action reversal I was waiting for (inside the white ellipse).

ScreenHunter_3344 Feb. 02 11.54.jpg
 

Presently I view EURNZD as decidedly bullish. My ultimate resistance level for the pair is up at 1.6964, though I also place less extreme levels at 1.6863 and 1.6766. Currently, for me to even think about selling the pair I would need to see the rate drop down below 1.6657.
 

I'd be more inclined to be short NZDCHF right now (at 0.6858) and continue to ride the pair south until I actually got a signal to reverse course.
 
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