1:10 RISK REWARD ON NZDUSD!!
Starting from the higher time frame, Monthly the over all trend is bearish, as I mark up zone areas on my weekly time frame down to the daily I see major rejection around the weekly zone to push lower to the down side, I just scaled down to a lower time frame an wait on a bearish engulfing candle for an entry.
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.