JICPT|EURNZD long setup on sideway structure!

1 Eyl 2021

Hello everyone. On Aug 18th, I published an idea titled 'EURNZD short setup on sideways structure' . The pair had a false breakout of the upper zone before falling all the way back. Actually, there is a retest entry opportunity on the 60m. You can check the linked idea below.

Now, price has come closer to the bottom zone. We know the best trading strategy for sideways structure is buy low and sell high.

So, I set an alert for trigger.

What's your opinion? Give me a like if you're with me!

2 Eyl 2021

Not

It's coming closer.

6 Eyl 2021

Not

Yep. Price reacted to the zone.

9 Eyl 2021

Not

Like I wrote in the chart below. SW might be terminated. Structure is powerful, it works until it doesn't.