NZDUSD OUTLOOK
Price is in an uptrend movement which leaves a potential buy zone once price retraces to the order block.
Impulse long entries can be taken once price rejects that region.
The confirmations are the RBS zone, the SnD and the Trendline.
We had already marked the Key Level, but will make sure to look out for the price action before making any entries.
We had our buy limits set up with upside potential in the R:R ratio of 1:3.
NZDUSD
BUY LIMIT ORDER
RR 1:3
EP: 0.62710
SL: 0.62410
TP: 0.63610
Price is in an uptrend movement which leaves a potential buy zone once price retraces to the order block.
Impulse long entries can be taken once price rejects that region.
The confirmations are the RBS zone, the SnD and the Trendline.
We had already marked the Key Level, but will make sure to look out for the price action before making any entries.
We had our buy limits set up with upside potential in the R:R ratio of 1:3.
NZDUSD
BUY LIMIT ORDER
RR 1:3
EP: 0.62710
SL: 0.62410
TP: 0.63610