Time Frame: 30min
chart: NZD/USD
in this scenario, our focus is on the last significant HL structure zone visible on the chart. we'll be looking for a full break and retest on this zone to identify a potential trading opportunity.
chart: NZD/USD
in this scenario, our focus is on the last significant HL structure zone visible on the chart. we'll be looking for a full break and retest on this zone to identify a potential trading opportunity.
Trade closed: stop reached:
major problems:
1: buyer tails candle (power of buyer in this area)
2: Second pull back to zone (weak of seller in this area)
1: buyer tails candle (power of buyer in this area)
2: Second pull back to zone (weak of seller in this area)