NZDJPY SHORT IDEA

31 мар. 2021 г.

We have previously seen a lot of sellers enter the market in this supply area. We could see price possibly push further into the blue box to collect more orders before seeing some shortfall in the market since this is the area where there was a lot of consolidation which can be seen on smaller timeframes. I have placed my stop loss above this sell zone area and I am seeling lower to the next zone where we see a substantial amount of buyers come in as we are trading according to the data presented to us. You don't always have to find the biggest moves in the market to make money. USE PROPER RISK MANAGEMENT, you can use my analysis to compare to yours, but remember the market will move however it wants to move, THANK THE LORD FOR STOP LOSS!!