schuck15

NZD/USD Quick Rejection from OB or s/r flip

OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
I don't know what will happen here. I thought that there was some good resistance in this zone from the supply and OB, but this candle looks like it might clear it out. I think this becasue there was such a strong upcandle just before. Not sure what's gonna happen, but I'm not gonna take that long. the R:R is only 1 and there is a weekly downtrend occuring
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.