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 ) Waiting for second live entry if price creates a Lower low.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.