NZDUSD short scalp (with longer term targets)
Taking this short here, all the explanation is in the chart. It's kind off a bold idea but if it works out i'll have a few laughs for sure.
So big picture we are bearish, we just made a potential lower high. Some stops have been taken out on lower timeframes and lower timeframe MS is broken.
I'm planning to buy a retest of the breaker into OTE levels with a stop above the high, then targeting 1. HTF bullish OTE levels in case of a higher low, 2. Liquidity right at the old low and 3. Liquidity of the super old low on the left..
Let's do it..
So big picture we are bearish, we just made a potential lower high. Some stops have been taken out on lower timeframes and lower timeframe MS is broken.
I'm planning to buy a retest of the breaker into OTE levels with a stop above the high, then targeting 1. HTF bullish OTE levels in case of a higher low, 2. Liquidity right at the old low and 3. Liquidity of the super old low on the left..
Let's do it..