ULTA_INSTINCT-Shadowpips

A BIG BEARISH MOVE LTF

Short
OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
1) H1 indicate that price has sudden bearish drop since 11 may 2023 (breaking LTF bullish structure 0.6324 level)
2) Current Structure is on retracement for futher downtrend move
3) Inducement structure has been made to SL hunting
4) Im Plan to open sell position above inducement level
5) waiting for rejection candle on the zone would be nice for me to entry



HAPPY TRADING AND STAY PROFIT ;)
Comment:
1) price has reach in the zone,
2) waiting for rejection candle for sale entry
Trade active:
1) candle show a big rejection
2) entry sell active with sl above shadow
Trade active:
1) SL set to break even entry level
Trade closed: target reached:
1) close due to poor price action (ranging after rejection)
2) not enough supply for price to drive down
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