nzrnrdn

nzrnrdn

Selling opportunity @ 1.4117 due to supply zone and retest of bearish trendline. Price is bearish now due to the supply zones that have formed (red box). Keeping stops tight @ 25 pips to make 100 pips. Great risk/reward of 4.

nzrnrdn

D completion at 1.50920. I don't usually trade the higher TF's, but will be looking for selling opportunities on the lower ones.

nzrnrdn

We have a bullish bat (red) that just completed and a potential bearish cypher (green) about 50 pips away. Missed the bat but if price can break and retest the trend line (blue line), will look to enter long. Looking to take targets at D completion of cypher before entering short.

nzrnrdn

Potential bearish bat completion about 40 pips away from completion. We also have a lot of structure looking left. Let's see how it plays out.

nzrnrdn

Already up 20 pips on this short, looking for a further break towards the downside.

nzrnrdn

Details on chart!

nzrnrdn

If price can retrace into our decision zone, we can look for a short entry.

nzrnrdn

potential bearish bat completion if price can push up higher