NZDUSD 3/29/18 Institutional markup
There are lots of equal highs being formed on what also looks to be a very slight bearish trend. There was just recently a very equal high created on the daily which set up the sell for retail traders. I have located a breaker block slightly above the equal highs that were recently created and am expecting price gradualy rise up to the equal highs, rebound off, and then to Wick up to the breaker block stopping out all retail sellers and capturing a very large amount of liquidity due to how good of a retail sell setup is being created before selling off .
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.