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TomProTrader
Dec 2, 2016 7:45 AM

UNDERSTANDING STRUCTURE & HOW THEY BEHAVE 

Euro Fx/New Zealand DollarFXCM

Description

Hi guys,

I got a request to look at this chart and I am posting it because the structure is great! Nice opportunities on this one. I will update on lower time frame.

Thank you for your support.

Comment

Price is trading in the breakout level. Will price test bottom of structure before the breakout? Or trade within the range to the downside? I guess we will soon find out.

Comment

Lots of buying pressure today, I think this could be the rally waited for. If not now, I think the trade will be invalid.
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