FX:NZDUSD   Neuseeländischer Dollar / US-Dollar
Retest back into a fresh demand zone , possible retracement, long opportunity

Stuff to remember:

— First look for significant move, then follow it to its origins where you might find a suitable level to evaluate further

— Make sure the initial move is significant on the same timeframe as the one you use for viewing your candidate level most clearly

— Check the distance that price traveled before the trend ended, longer distances mean larger initial imbalances and improved probabilities in the future

— The strong initial move can contain a few small retracements but not so many that make this move slow and weak

— Avoid opposing levels on the same and immediately higher timeframes, prefer to have a clear road ahead for your trade to run

— Make sure your level is placed correctly (low for Demand, high for Supply) in relation to the big picture's important tops and bottoms

— Trading the first return of price to a valid "fresh" level carries the highest probabilities due to the larger imbalance

— A valid level is considered "fresh" if price has not returned to it since its creation. It has nothing to do with how old the level is
Trade geschlossen: Ziel wurde erreicht
LONG NZDUSD
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You make FOREX trading look so easy
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@gumbtg, Thank you
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Thx
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Tradewonk chrisi1995
@chrisi1995, No problem
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i'm in
thanks
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Tradewonk pwbanyad
@pwbanyad, No problem
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Emtry point and SL?
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thanks, i have been waiting for this. where do you think is the entry point.
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