I see the NZDUSD going long to my TP of .69948 to the nearest S&R or breech where the sellers took control on the 1H time Frame (TF)
However the over all flow on the 4H TF the buyers still maintain control.
The market has gone into a downtrend on the 1H TF.
The 4H TF is maintaining its range with the Buyers still controlling the flow of the market.
However the over all flow on the 4H TF the buyers still maintain control.
The market has gone into a downtrend on the 1H TF.
The 4H TF is maintaining its range with the Buyers still controlling the flow of the market.
Trade closed: stop reached:
I got stopped out on this trade, my timing was off, the sellers had more momentum than anticipated.