NzdUsd - Swing short
I am HTF Bearish on NZDUD. For me, this currency goes through distribution these and following days. I will look for shorts now, if I will be stopped out, then I will short higher.
The target for this swing short will be 0.63500 level, also known as a draw on liquidity "an eye".
- HTF Distribution during Q1 2020
- HTF Market Structure Break
- Key S/R level broken, awaiting its retest back to 0.66007 and sell-off down to 0.63500
Scenario:
- You can short it now, or wait for confirmation if we will get a rejection at the current level
- You can wait for a higher price for shorting (EQ or Range high)
The target for this swing short will be 0.63500 level, also known as a draw on liquidity "an eye".
- HTF Distribution during Q1 2020
- HTF Market Structure Break
- Key S/R level broken, awaiting its retest back to 0.66007 and sell-off down to 0.63500
Scenario:
- You can short it now, or wait for confirmation if we will get a rejection at the current level
- You can wait for a higher price for shorting (EQ or Range high)
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