NZDUSD OUTLOOK
Price trading inside strong bearish and is approaching a key order block, creating a potential opportunity for a sell.
Impulse Short entries can be taken once price rejects that region.
We had our sells set up with potential downside in the R:R ratio of 1:3.4
NZDUSD
SELL LIMIT ORDER
RR 1:3.42
EP: 0.63227
SL: 0.63378 (15 pips)
TP: 0.62693 (53 pips)
Price trading inside strong bearish and is approaching a key order block, creating a potential opportunity for a sell.
Impulse Short entries can be taken once price rejects that region.
We had our sells set up with potential downside in the R:R ratio of 1:3.4
NZDUSD
SELL LIMIT ORDER
RR 1:3.42
EP: 0.63227
SL: 0.63378 (15 pips)
TP: 0.62693 (53 pips)