NZDUSD 8H: risk/reward favors BEARS(NEW)

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NZDUSD 8H: risk/reward favors BEARS(NEW)

🔸 Summary and potential trade setup
::: NZDUSD 8hour chart review
::: closing on range highs now
::: 6150 TOP of trading range
::: reversal possible 24-48 hours
::: Short sell from HIGHS
::: using tight SL 6180
::: strategy: short from 6150
::: TP1 +150 (0.6000)

🔸 Supply/Demand Zones
::: overhead supply at 6150
::: fresh demand below at 5950

🔸 Other noteworthy technicals
::: TD9/Combo update: TD6 count
::: Sentiment: mixed
::: Sentiment outlook short-term: mixed

Ordre annulé:

cancelled. not taking this trade.