NZDUSD SHORT
1. Breaking down of a double inside bar formation.
2. Lower close of previous low identified in 1 hr bar. This gives us an entry signal
3. Rejection from structure. Unable to close above structure and above the 0.618 fibbs level.
*Did not include fibbs level as it would look too messy in the hart
4. RR is good for this set up.
2. Lower close of previous low identified in 1 hr bar. This gives us an entry signal
3. Rejection from structure. Unable to close above structure and above the 0.618 fibbs level.
*Did not include fibbs level as it would look too messy in the hart
4. RR is good for this set up.
Trade closed: stop reached
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Disclaimer
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.