GBP/NZD - Trade Idea.
Long for potential long positions at 2.1600.
Why?.. At this Phycological level we can see previously that we have had large buying pressure added at this level. To support this we can see multiple Imbalances left after price sky rocketed.
Currently price is falling will multiple market jumps insinuating the continuation of Bearish movements for the next few days.
I would like to see price come down into the Demand zone at the suggested level. This shows me price is at a Discounted Rate. As long as price respects the Previous Low then we are still Bullish on the Long Term.
Stop loss levels are below the Daily TF Imbalance. Im risking 130 Pips for 730 Pips in return.
Take Profit levels are taking out Buy Side Liquidity
Why?.. At this Phycological level we can see previously that we have had large buying pressure added at this level. To support this we can see multiple Imbalances left after price sky rocketed.
Currently price is falling will multiple market jumps insinuating the continuation of Bearish movements for the next few days.
I would like to see price come down into the Demand zone at the suggested level. This shows me price is at a Discounted Rate. As long as price respects the Previous Low then we are still Bullish on the Long Term.
Stop loss levels are below the Daily TF Imbalance. Im risking 130 Pips for 730 Pips in return.
Take Profit levels are taking out Buy Side Liquidity
Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.