Dear Traders,
I'm expecting a further bearish continuation on NZDUSD after a retest of a daily OB.
We can see a strong bearish rejection from a BB, which lead to a shift in structure.
Expect a high volatility today. Watch out for FOMC and consider the ongoing war.
The market is fundamentally driven lately. If you don't feel it, better stay away from trading.
I'm going to repeat myself, but news will shake the market upcoming days.
Therefore, don't risk too much, DO NOT SCALP NEWS, manage your risk properly
and better stay off the market.
Let's wait for a retracement and enter if the market provides an "LTF" confirmation.
We just need to patiently wait and react when the opportunity is there.
Good Luck!
DISCIPLINE
It's just an idea of mine.
However, everyone can share their thoughts in the comment section below.
Also, don't forget to support me! :)
Disclaimer: Trade at your own risk. I'm sharing my ideas and not giving trading advice.
Always plan your trade and trade your plan.
I'm expecting a further bearish continuation on NZDUSD after a retest of a daily OB.
We can see a strong bearish rejection from a BB, which lead to a shift in structure.
Expect a high volatility today. Watch out for FOMC and consider the ongoing war.
The market is fundamentally driven lately. If you don't feel it, better stay away from trading.
I'm going to repeat myself, but news will shake the market upcoming days.
Therefore, don't risk too much, DO NOT SCALP NEWS, manage your risk properly
and better stay off the market.
Let's wait for a retracement and enter if the market provides an "LTF" confirmation.
We just need to patiently wait and react when the opportunity is there.
Good Luck!
DISCIPLINE
- Strive for patience, perseverance, determination, & rational action.
- Limit your losses, use stops.
- Never cancel a stop loss order after you have placed it!
It's just an idea of mine.
However, everyone can share their thoughts in the comment section below.
Also, don't forget to support me! :)
Disclaimer: Trade at your own risk. I'm sharing my ideas and not giving trading advice.
Always plan your trade and trade your plan.