NZDUSD SHORT TRADE IDEA
Price reacted off the 4hrs order block( supply zone ) and it distributed @ the zone making the short trade more valid.
I set my entry at the 50% of the 1hr institutional candle that sponsored the break of structure, my stop loss at the high of the candle.
Target will be for price to take out the equal lows and mitigate the order block below the liquidity(equal lows)
I set my entry at the 50% of the 1hr institutional candle that sponsored the break of structure, my stop loss at the high of the candle.
Target will be for price to take out the equal lows and mitigate the order block below the liquidity(equal lows)
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.
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.