daldertg
Short

WHAT DO I SEE ACCORDING TO PRICE ACTION ON NZDUSD?

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
so what do we see here?

according to price action we see a nice bullish preceding trend thats gets stucked in a daily resistance area , and shows me an indecision candle ( also called dodji ) on a 8hr chart. Also we can see recent lower high, which is usually a good signal for taking a short.

Taking this trade when price goes below the low of the indecision candle. going for a risk reward of 1:2.5 ( my minimun is 1:2)

hopefully it will work.
We also have pattern in 4h&daily chart. Good Idea!
Reply
Yes!
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out