GBNZD structure analysisLooking at pair GBPNZD trend did a dobble top securing liquidity to be smash. Price is moving now side ways, quietly with a accumulating pattern, and keep breaking the LL seeking for the next point of supply. My red POI is determinine by this confluence:
1º _ 1.93300 was a KL that dobble tap and broke liquidity.
2º _ The daily bearish candle + the institunional candle did break structure and seems a good point of interest.
3º_ The POI movement that created the HH align with our 78% Fibo.
Comment what y'all think!!!!
Thank you.
Institutional_trading
Afraid to trade NFP or High News Day?In this video I explain why you should not be afraid to get involved in the market on high impact news days and some tips to avoid losses. This is a review of EU PA on Wednesday and Friday. In-depth look at entries at the end.
Please excuse me saying GU in the video I am obviously reviewing EU also, I meant the BFI came back to the wick closing buy orders and opened more sell orders*. I just woke up and recorded this video so my brain is scrambled at bit.
Hope you still understood what I meant.
-Happy Trading
Prettychinkfx
MORE LIVE TRADING: AU, EU, AND GU Sharing more live content. Limited commentary as I am trying to focus on seeing if we have setups. I was analyzing GU for the majority of the morning and it is not moving correctly. It is aggressively swinging and no clean set ups present. I was also waiting for EU to present a move and missed it by missing the last high/low area. Missed two 11RR longs/hedges from the 5s. Hopefully I can find something else prior to my work day. Not seeing anything on AU right now.