Was looking at a continuation of NZDUSD bearishness as we had a strong momentum push and clean 4H Equal Lows which Big banks were targetting as retail traders had their stop losses below the 'support'. We had a sweep of Asia low in London which created Equal lows on the 1H. We then run the high also meaning i was ready for entry in New york as i now had 4H equal...
Good Afternoon Traders. Who's Ready To Make Some Money?
This is my setup for today.
There's still a lot of bullish pressure in the market however i feel the markets needs to correct before continuing with the trend
Reason for trade:
- Price Over Brought
- Strong Wick Rejection on the 1hr
- Strong Resistance Level (Respected 3-4 Times)
When trading pull...