NZDUSD -PLAYGROUND!

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NZDUSD is providing me with two possible set ups today which could happen, its like a playground!

First one is a pre-empt of IDF where targets will be yesterday's highs and also an area where liquidity could be probed.

The other is a simple level to level play, where i will be offering at the 50% retracement and last low pre break. Targets is the nearest FTA.

Both have decent risk to rewards, i haven't confirmed the IDF stops yet though.

Dagangan aktif
Trade triggered, i understand that there isnt enough space, howevel i like the thrust candle past the previous highs and happy to take a long at the retest.

I also quite like the context of this too. It couldn't break down at the low end the range so has a high chance that it will trade to the other side of the range.
Nota
Stops are at 0.72251 as this is the clearest thrust candle, and if price comes down there then i know i was wrong on the trade
Dagangan ditutup: hentian tercapai
FibonacciSupport and ResistanceTrend Analysis

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