NZDUSD / m15 scalpBased off the momentum and exhaustion shown on the h1 and h4 where it uses the 800ma(h1) and 200ma(h4) as support, along with my pattern trading style where I see the exhaustion shown on the m15 with price outside bollinger bands and extreme TDI, I have entered this trade.
In the bigger picture, on the daily, this looks like a retest of an inverted Head and Shoulders. This could take a few days to actually move up on the daily timeframe IF it finds sufficient buying pressure here.
My trade however is short term and based on m15.
Now let the trade gods smile on my behalf.
