Hello Traders!
I just recently posted a ATM setup examples for GU and AU.
Right now it looks as if NZD/USD is showing the same setup.
We got a key high to form and a short term low to be broken.
That creates a break in market structure.
This tells us we have large funds who want to push or sell price lower.
Aiming for old lows to be taken out as targets.
Stop loss above the key high or if you scaled in on the Lower time frames Sl above short term high
I just recently posted a ATM setup examples for GU and AU.
Right now it looks as if NZD/USD is showing the same setup.
We got a key high to form and a short term low to be broken.
That creates a break in market structure.
This tells us we have large funds who want to push or sell price lower.
Aiming for old lows to be taken out as targets.
Stop loss above the key high or if you scaled in on the Lower time frames Sl above short term high
