GBPNZD - waiting for setup - SHORT
Updated
Short description:
Attached 2 charts. Left with wide W1 view and right zoomed to D1 TF (big yellow circle).
At 3MN TF we have trend down, now price come back to retest near Supply Zone. At D1 TF great move (3 MOMO candles), price create clear and working D1 Demand Zone. At W1 TF we also have D1 Demand Zone (my TP?).
I will waiting for price at W1 Supply Zone (RED ARROW) to search opportunity SHORT. At this ZONE we have two D1 Zone where price may fall down.
If I have opportunity for long at lower TF I'll trading them ;)
Good luck, and as I always say: be patience :)
Attached 2 charts. Left with wide W1 view and right zoomed to D1 TF (big yellow circle).
At 3MN TF we have trend down, now price come back to retest near Supply Zone. At D1 TF great move (3 MOMO candles), price create clear and working D1 Demand Zone. At W1 TF we also have D1 Demand Zone (my TP?).
I will waiting for price at W1 Supply Zone (RED ARROW) to search opportunity SHORT. At this ZONE we have two D1 Zone where price may fall down.
If I have opportunity for long at lower TF I'll trading them ;)
Good luck, and as I always say: be patience :)
Note
price back to W1/D1 DZ w8ting (maybe long? :))Trade active
perfect ;)Note
now free trade :DTrade closed: target reached
TP hit nad w8 what next
Related publications
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.