GBPNZD Going Fishing for Low Volume Nodes
We've been trading in previous days range for quite a while. It's likely price will pop out and explore above, or below.
My analysis seems to imply below. If so, we have a pretty sweet short opportunity for about 80 pips (from where I'm entering, which is now). Take profit at or barely above low volume node @ 1.93530.
Long position from there? Possibly.. haven't looked into it yet.
Good luck!
My analysis seems to imply below. If so, we have a pretty sweet short opportunity for about 80 pips (from where I'm entering, which is now). Take profit at or barely above low volume node @ 1.93530.
Long position from there? Possibly.. haven't looked into it yet.
Good luck!
Trade closed: target reached
Crushed target in 1 hour and 30 minutes! Great trade!
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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.