Breakdown of NZDUSD.
First entry was no entry. Just used the short tool to gage entry levels for future entries. - Did not take that because PA stayed above 200 EMA (Light blue line).
1) Price breaking below 50 & 200 EMA.
2) Lower High after bear pullback.
Breakdown
3) Price breaks below 50 & 200 EMA. & Most recent low.
4) Lower low. confirmed and entered.
5 )...
D - Overall bull run. D closing bullish engulfing.
4HR - Two big bullish closes.
RISKS: 50EMA 4HR is in the way.
1HR - Bounce off the 50 EMA with a low test rejection candle.
