Short

NZDUSD short

Updated

entry: supply zone above midrange
target: previous local low
action: waiting for pullback into supply zone, stoch RSI 1h moving into overbought area.

Note

some pullback into supply with stoch in to overbought.
waiting for ny session but have to beware of a deeper pullback on DXY

Trade active

entered 1/3 into the trade at supply zone upon seeing DXY getting into demand zone and USDJPY rebounding. there is also some consolidation to be actioned on.
still targeting the local low.
if breakdown of this leg is confirmed then i will entered full position.

Note

entered full position with breakdown of lower tf range

Note

should have be more patient with the breakdown confirmation. now there is a small rebound of that break level. next time i really wait for a while to see that there is no pullback

Trade closed: stop reached

got stopped out TvT. should have played this more patiently and have just taken only 1/3of SL

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