NZDUSD (short)
Trade Analysis
Reason For Entry:
- Rejection of strong 4H resistance
- Break of 15M trend line
- Retrace back to resistance
- Retrace to 61.8 Fib
- Tweezer top candles on 15M
Reason For Stop-loss:
- Above strong resistance
- Above previous high with buffer
- Above 4H resistance
Reason For Target:
- Bottom of 15M trend
Reason For Entry:
- Rejection of strong 4H resistance
- Break of 15M trend line
- Retrace back to resistance
- Retrace to 61.8 Fib
- Tweezer top candles on 15M
Reason For Stop-loss:
- Above strong resistance
- Above previous high with buffer
- Above 4H resistance
Reason For Target:
- Bottom of 15M trend
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