NZD/USD Bearish Trend start after Distribution Phase
In one hour time frame, we can see clearly bullish, distribution and now bearish trend start.......
Short call with proper SL and TP as shown in the figure.
Also can go for long once the TP is hit (On lower trend line (support))
Short call with proper SL and TP as shown in the figure.
Also can go for long once the TP is hit (On lower trend line (support))
Note
last entry was 0.7092TP1 hit successfully 0.7065
wait for green candle at lower trend line and then buy at dip again
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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.