Trader-Gabe
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0Joined Jun 7, 2018
beyondta
chartpattern
trendanalysis
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There is a change of structure to the Bull side. Taking this trade at H4 BuOB to BeOB. Target is about 2.6R.
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Usd has been strong lately and Usdsgd have done a decent pullback and formed a reversal pin. Cot data on Usd Index also shows closing of short positions.
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Nzdusd is currently in a Demand zone and has rejected it. COT data also show opening of long positions while price was dropping. Its highly likely that price may bounce up from this zone.
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