lakishnarayan

NZDUSD - Looking for bounce off .88600 level

Short
OANDA:NZDCAD   NZD/CAD
NZDCAD

ENTRY 1
SELL LIMIT @ 0.88631
Stop Loss: 0.88655 (Add Spread)
TP 1 (1R): 0.88607 (Stop Loss→Break-Even / Scale-In)
TP 2 (3R): 0.88560 (1/2 position every TP)

ENTRY 2
BUY LIMIT @ 0.88436
Stop Loss: 0.88425 (Add Spread)
TP 1 (1R): 0.88447 (Stop Loss→Break-Even / Scale-In)
TP 2 (3R): 0.88469 (1/2 position every TP)

Reason: Price showed a heavy rejection of this level in the past, i would like to price do the same again. Will be waiting for my alert, and then watching price action for a Break of Structure.

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