The overall bias on NZDUSD is bearish. With the new weekly candle close, NZD/USD has recently tested a BSLQ and is showing signs that it wants to drop. I expect the price to push higher before the fall due to a 2Hr FVG laying at the .58600 level; however, the price may not test that area and could possibly fall upon opening.
Will update this idea as time goes by.
This is my current short trade idea for next week's start. If you want a full in-depth breakdown of my overall trade bias and breakdown of NZDUSD for next week and why I selected certain areas, please follow the link to my notion where I do my journaling. I update each date before and during a trade to ensure I get all the notes.
Will update this idea as time goes by.
This is my current short trade idea for next week's start. If you want a full in-depth breakdown of my overall trade bias and breakdown of NZDUSD for next week and why I selected certain areas, please follow the link to my notion where I do my journaling. I update each date before and during a trade to ensure I get all the notes.
Comment:
Full breakdown: www.notion.so/zaria-...4f85b6f7892c2148b18f