NZDUSD long after new daily fresh demand area tested

Panjang

Dolar New Zealand / Dolar A.S. (FX:NZDUSD)

FX:NZDUSD Dolar New Zealand / Dolar A.S.

Downtrendline on D1 and W1 was broken, new daily demand area was created, 1st daily supply was broken and demand area was tested for 2 times, then price rallied higher, and after pause candle broke another supply. Now is price returning to the new and fresh area of demand. Main idea: BUY when new fresh daily demand area will be tested for 1st time, SL under low of the area and TP under low of next daily supply, which creates 5:1 RRR.

Penafian

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