KingExcel_FX
expecting price to come down and grab liquidity, beneath those equal lows. Maybe push lower to the support area before heading higher
expecting price to grab liquidity, maybe even make its way to the support area, before heading higher
I believe price will retest the my major level of structure and then drop, at least back into the demand zone. price comes up to test a higher time frame descending trend line, and then breaks through. Waiting on it hit resistance(marked out with red) and look for confirmation on lower timeframes, like the hourly, then sell
My analysis looking into the weeks ahead, would be price coming into my green zone identified with the arrow, I would be looking for opportunities to go long on NZDUSD. That level has acted as resistance multiple times in the previous week and was a well respected level, price then broke through, so coming back into that zone, we price will most likely bounce...