refer to the picture.
using trend line , bat pattern and supply zone
My opinion on NZDUSD is from bearish to range trade. now it's near to the bottom so I would like to long it. But due to the covid-19 thing upgraded in New Zealand ,it may drop in the end.....who knows... this year is so dramatic. ... chaos everywhere....
I prefer to long at around 0.71392 and sl at around 0.7105 when it pulls back(Area1). of course there's no direction now and it's squeezing now. Maybe it will break up first. Then we can wait for a pull back in 1H timeframe to shoot a long order. first target needs to be at Area2 then Area 3. we can try to short at Area3 .
this review shows some major methods I've been using when I trade: institutional order flow, harmonic patterns, price action, misleading order flow, trend lines, etc. success means rr is bigger than 2:1, even means rr is less than 2:1 but ever reached 1:1. because I usually close half lot when rr reaches 1:1. I guess you are able to find what you need in this review.
4H AUDUSD Wait for long bat pattern
Look at US Dollar Index. Think about EUR/USD Where d you want to long and where you want to short?