NZDUSD is on a bullish train, price has shown a very strong willingness to go higher. I have marked out a zone and waiting for price to retrace into the zone. So as to hit the target above the monday high. DYOR, I hope you also share your idea on the comment section. And let me know if you want more understanding on why I'm doing this.
Order cancelled
Market retraced into zone but didn't' give an entry reason. So it was a trade taken. I wanted to see a market willingness to go higher during the time it traded into that zone. However, market was bearish today.Trade active
Setup has formed, entry signal noted. In for the trade on a 4:1 RR
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.