With NZD showing some good strength after being pummeled the last few weeks, it’s allowed for some good setups to present themselves. This is one of my favorites. A lot of confluences here:
1) 4H exhaustion
2) 4H double top
3) 4H Evening Star
4) Bounce off daily trend
5) failed retest of daily level
6) 4H Hammer
If I spot 6 confluences on a trade, you better believe I’m taking that trade.
#confluence #trading