NZDUSD Bearish ICTBias Bearish H4
Fundamental Analysis
NZD taking a bearish data trend. USD has been market resistance to bearish market. As CPI still holding strong.
Price Action:
ICT, H4 FVG is tested. Price tested and reject in H1 TF. Price break previous H1 swing low and confirmed a market structure shift towards downside. Price formed a FVG.
Confluence:
Higher TF (W/D/H4) - FVG
Lower TF (H1/M30/M15) - FVG
Set up:
Short trade at H1 FVG
SL at swing high of H1.
TP at H4 swing low R:R 2.5