symvar

NZDUSD short scalp (with longer term targets)

Short
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Taking this short here, all the explanation is in the chart. It's kind off a bold idea but if it works out i'll have a few laughs for sure.

So big picture we are bearish, we just made a potential lower high. Some stops have been taken out on lower timeframes and lower timeframe MS is broken.
I'm planning to buy a retest of the breaker into OTE levels with a stop above the high, then targeting 1. HTF bullish OTE levels in case of a higher low, 2. Liquidity right at the old low and 3. Liquidity of the super old low on the left..

Let's do it..


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