Analysis on #NZDUSD
Looking at NZDUSD it soon will come to test an area where the market faced selling pressure before, this is a fresh area and has not been tested before so I will be conservative with m approach
>> If the market comes to my structure resistance zone near 0.6730 where the market faced selling pressure in the past, I will then look for a reversal pattern before committing to a selling trade with a good risk to reward if the entry rules are met.
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Dear Traders, the best "T h a n k Y o u" will be your likes and comments!
Thanks for your continued support!
________________________________________
Disclaimer: This information is not a recommendation to buy or sell. It is to be used for educational purposes only*
Looking at NZDUSD it soon will come to test an area where the market faced selling pressure before, this is a fresh area and has not been tested before so I will be conservative with m approach
>> If the market comes to my structure resistance zone near 0.6730 where the market faced selling pressure in the past, I will then look for a reversal pattern before committing to a selling trade with a good risk to reward if the entry rules are met.
________________________________________
Dear Traders, the best "T h a n k Y o u" will be your likes and comments!
Thanks for your continued support!
________________________________________
Disclaimer: This information is not a recommendation to buy or sell. It is to be used for educational purposes only*
