LOOKING TO TAKE THIS MARKET LONGEUR/NZD 4H - This is the last market I am looking at trading this week, as you can see price traded down and into an area of interest of mine towards the end of last week.
This is brilliant as price has traded into the area and has gone on to trade us higher, rejecting well. This gives us the suggestion that price has enough Demand in the market to see price trade higher.
In order for us to look to get involved in this market all we need to do is go to the fractal nature of the structure and look for areas of interest price may pull back down and into before taking us higher again.
It is important that we wait for the right confirmation before we do look to enter long in this market, as we know this will come via a break in structure to the upside, once we have that we can then look to take part from an area of interest.
