•price is in downtrend
•pullback at 38.2 Fibonacci level
•DAILY key level touch and supply zone touch (the last kiss)
•MA spaced out meaning there's still downward steam
•consecutive red candles in the daily TF and and in 15 min TF
price formed a heads and shoulders pattern
•4h chart theres a 3ngulfing candle stick pattern which indicates more
sellers in the market currently .
•D- line above 25.0000 Mark which involves q down healthy trend with a healthy 1:2 RR
•pullback at 38.2 Fibonacci level
•DAILY key level touch and supply zone touch (the last kiss)
•MA spaced out meaning there's still downward steam
•consecutive red candles in the daily TF and and in 15 min TF
price formed a heads and shoulders pattern
•4h chart theres a 3ngulfing candle stick pattern which indicates more
sellers in the market currently .
•D- line above 25.0000 Mark which involves q down healthy trend with a healthy 1:2 RR
Trade closed: stop reached:
price took me out because the was no downward stream and that the NZD gained value