M, W, D = down ... every seems to be down here, only 4H still remaining :) I am waiting for 4H TL break and on retest I am going down, BUT(!!!) it is very important that it must be in the daily sell area! That is the most important thing! If price will break through the daily supply, no shorts here, at least for the next supply on the daily/weekly!
AUDNZD going down on W, D and 4H. 4H Uptrendline broken on first retest of supply area, also 1 4H demand broken, waiting for retest of supply, which caused it. If so, sell with nice 5:1 RRR.
NZDJPY is rising on 4H, Daily is also UP and 4H demand is nested in D1 demand, also 4H nearest supply (take profit zone) is nested in nearest D1 supply. See my BUY LIMIT setup on 4H.
Downtrendline on D1 and W1 was broken, new daily demand area was created, 1st daily supply was broken and demand area was tested for 2 times, then price rallied higher, and after pause candle broke another supply. Now is price returning to the new and fresh area of demand. Main idea: BUY when new fresh daily demand area will be tested for 1st time, SL under low of...
