NZDUSD Top Down Analysis H4: Directinal Bias Broken structure to the downside. Lookiing for Shorting positionsFrom the Supply Zone. Price created an Imbalance leaving behing Supply Zone above. Will sell from this zone.
H1: Technical Analysis Price is in H4 Demand Zone and is strongly resisted by the Buyers. CHoCH signals short term trend reversal and confirmed by BOS. Short term trade will buy into the Supply Zone.
H15: Short term trade Buy Limit place at M15 Demand Zone, SL below it and target H4 Supply Zone. Long term trade Sell from H4 Supply Zone, SL above the recent high, target the H4 Demand Zone.
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