SHORT Setup idea for GBPNZD H4
Updated
Hello trader
It's long time I've not publish any trading idea in here but I still learning new idea
FOR TODAY !
I have SHORT setup idea for GBPNZD the price still feed in the border of KEY level and I will entry trade between the zone(that mean SUPPLY and DEMAND zone) AND when H4 price close only!
You will see now price has reject the SUPPLY zone(originally it is DEMAND zone but engulfed by bearish move and then price comeback this zone again)
If this zone can use and price can close outside the zone I will entry SHORT from this level
SL: above the zone
TP: structure low
HAVE A BEST TRADING FOR TODAY :)
It's long time I've not publish any trading idea in here but I still learning new idea
FOR TODAY !
I have SHORT setup idea for GBPNZD the price still feed in the border of KEY level and I will entry trade between the zone(that mean SUPPLY and DEMAND zone) AND when H4 price close only!
You will see now price has reject the SUPPLY zone(originally it is DEMAND zone but engulfed by bearish move and then price comeback this zone again)
If this zone can use and price can close outside the zone I will entry SHORT from this level
SL: above the zone
TP: structure low
HAVE A BEST TRADING FOR TODAY :)
Trade active
OK now correct conditionNote
Have to adjust RRR a littleTrade closed: stop reached
Trade active
Price hit SL because place not enough STOP HUNT distance caused by NZD interest rate newsafter that I have entry SHORT again at old SL which gave me a better price and still original TP target!
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