Monitoring the trade for NZD/USD
After a free fall for the Kiwi last week, this pair is now slowly rebounding to its supply zone at around from 0.66240 -0.668xx. I still prefer to sell NZD/USD in the next coming time as updated; anyway in trading we need some trading tactics to apply for our TA, in which we have to recognize that any earlier sell that pair at around the level 0.676xx can still be on hold. Later entry, or entry at lower price level recently, then we need to keep waiting for the prices form their pattern again and start taking action on it accordingly.
- Keep waiting price reaches 0.666xx level ( what for number 😀 )
- Price meets its strong supply zone again and forming lower lows at D1 TF
- Think about a sell to reach the target at W3 as depicted on the chart
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