Long NZDCHF 16 Jun'23

Risk control mindset was there

2 clear sharp reversal traps amid broader accumulation structure; including Wyckoff-style spring

Location is near the HTF buyers

Flow is bullish on H1, H4. Daily downward flow is expected to resume but later after a liquidity void is filled in. Flow in M15 agrees given the rollover and traps

Trade closed manually:

Closed at 0.55619 due to heaviness at the resistance area

Trade closed manually:

In retrospect, it is clear that the trap was not large and obvious and compelling

Today, I have been focusing too much on smaller traps