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Profound_Ambition
Mar 12, 2023 1:02 AM

NZDUSD H1 

New Zealand Dollar/U.S. DollarFXCM

Description

Price Is following a downtrend making lower lows & highs. Price has pulled back to retest the lower timeframe descending trendline for a 3rd rejection, & saw a bearish impulsive move to the downside. I am looking for a pullback on the 15-30 min timeframe into the supply zone where I will be looking for selling orders in that region for price to then resume the downtrend for a new potential lower low & continue the impulsive stage of the downtrend.
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