CertifiedJimenez

Profitable Buy institutional trade NZDUSD

Long
CertifiedJimenez Updated   
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Price has been going in a strong bullish movement these past few months. Given the time of an entry price was at valid entry and which the candles respected it and rejected it. The new direction should be the new high. Before we can start to get close to this we need to break through the resistance one.
Trade closed: stop reached:
Stop loss triggered account risk this would of been a 2% loss.
Giving these circumstances the improvement for next time should at least looking at the newest trend meaning a slow down trend has been forming a weekly or daily retracement. I should of picked that out from the start.

Re entry:
At the 4 hour order block price has just kissed and rejected the zone meaning a potential high can now be made now as price has finished retracing towards the down side.
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