NZDUSD H1, Trendline Liquidity 📉
Hello Traders!
As we can see, NZDUSD is in trend-line liquidity. In this phase, a lot of traders are looking for SHORT entries, taking into consideration retracements from VALID OB and after that, setting a new WL (weekly low) level.
In this case, I will respect the pan and wait for a LONG ENTRY from 0.60500.
Keep in touch.
As we can see, NZDUSD is in trend-line liquidity. In this phase, a lot of traders are looking for SHORT entries, taking into consideration retracements from VALID OB and after that, setting a new WL (weekly low) level.
In this case, I will respect the pan and wait for a LONG ENTRY from 0.60500.
Keep in touch.
Related publications
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.