Steven_Maas
Short

NZDUSD way up into bearish orderblock, downmove follows, 1W

FX_IDC:NZDUSD   NEW ZEALAND DOLLAR / US DOLLAR
55 0 3
  • General trend down, since mid 2015
  • Strong bullish candle after consolidation, prior to downmove in april forms bearish orderblock
  • Pullback formed on a .--80 institutional level.
  • Protecting their stops, institutionals might begin reaccumulation around .749 - .755

Not trading, just analyzing. Good luck!
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