Hello everyone
I see that NZDUSD is in its 4H Supply Zone currently.
Also the last support-resistance line in 15m has engulfed; however, the trend is up yet.
I am going to look for short positions in the last base in 15m along with 5m confirmation.
Consider the fact that this position is a counter-trend type and there is always an additional risk in taking these types of trades.
Know that the trend is our friend, but it worth to risk sometimes when everything is under control.
I think that's it let's watch the market now ...
I see that NZDUSD is in its 4H Supply Zone currently.
Also the last support-resistance line in 15m has engulfed; however, the trend is up yet.
I am going to look for short positions in the last base in 15m along with 5m confirmation.
Consider the fact that this position is a counter-trend type and there is always an additional risk in taking these types of trades.
Know that the trend is our friend, but it worth to risk sometimes when everything is under control.
I think that's it let's watch the market now ...
Trade active
SL:0.62800EP:0.62678
TP:0.62145
Note
WINDSOR has 5 pips spread pooffffNote
I trailed the stop loss to 0.62775.I need lower price to risk free my position.
Trade closed: stop reached
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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.