NZDUSD way up into bearish orderblock, downmove follows, 1W

  • General trend down, since mid 2015
  • Strong bullish candle after consolidation, prior to downmove in april forms bearish orderblock
  • Pullback formed on a .--80 institutional level.
  • Protecting their stops, institutionals might begin reaccumulation around .749 - .755


Not trading, just analyzing. Good luck!

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