NZD/USD- SELL- supply zone hit
Updated
Strong resistance level @ 0.71704
Candle tops hit the supply zone shown.
Ema 8 shows price action crossed below the ema trend line for a downward trend ---
sell limit order placed @ 0.71255 to confirm trend and stay clear of a bullish fakeout.
take profit when price hits the demand zone @ 0.70058
Candle tops hit the supply zone shown.
Ema 8 shows price action crossed below the ema trend line for a downward trend ---
sell limit order placed @ 0.71255 to confirm trend and stay clear of a bullish fakeout.
take profit when price hits the demand zone @ 0.70058
Note
bullish fakeout indeed took place! gear up for sell limit order
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