Bullish sentiment on NZDUSD
My bullish sentiment on NZDUSD is back by the following confluences as with the use of Supply and Demand strategy.
*) Market structure(BoS)
*) Order-block
*) Imbalance
*) Liquidity(Entry liquidity) and if price goes as I’m expecting the higher high that may possibly lead to the retracement of price back to my POI will then become my Take profit liquidity(TP1)
Note: the market is all about probabilities and that also makes my analysis a probability as well.
*) Market structure(BoS)
*) Order-block
*) Imbalance
*) Liquidity(Entry liquidity) and if price goes as I’m expecting the higher high that may possibly lead to the retracement of price back to my POI will then become my Take profit liquidity(TP1)
Note: the market is all about probabilities and that also makes my analysis a probability as well.
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.