THOUGHTS ON EUR/NZD
EUR/NZD 15M - As you can see price is trading down and into a FVG I have marked out, this is after we have seen price trade down and into a higher timeframe Demand Zone.
We are also seeing price accumulate from this higher timeframe Demand Zone. In order for me to look to buy into this market now I want to see rejection to the upside, giving us the confluence to buy.
This as we know would help confirm the turn around in price as we should start to see higher highs and higher lows forming, this would be our newest protected low within this new bullish structure.
For those who want to be pre-emptive you could look to place a long now, just be aware that doing that holds more risk as we are yet to have confirmation of a new trend to the upside, this will come from the BOS to the upside that we would want to see on the 15M.
We are also seeing price accumulate from this higher timeframe Demand Zone. In order for me to look to buy into this market now I want to see rejection to the upside, giving us the confluence to buy.
This as we know would help confirm the turn around in price as we should start to see higher highs and higher lows forming, this would be our newest protected low within this new bullish structure.
For those who want to be pre-emptive you could look to place a long now, just be aware that doing that holds more risk as we are yet to have confirmation of a new trend to the upside, this will come from the BOS to the upside that we would want to see on the 15M.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.