FX.co ★ NZD/USD
Trader Journals:::
NZD/USD
1 -NZD/USD Weekly Bearish OB 0.60625-0.61225 + Bearish FVG 0.60400-0.60625 Premium / Bullish OB+FVG 0.55285-0.56162 Discount Price 0.56162 Mitigated Weekly: Watching Weekly Bearish OB 0.60625-0.61225 Mar-May high last blue bullish before red drop to 0.59840, I combine it with Bearish FVG 0.60400-0.60625 high 0.60625 not overlapping low 0.60400 inside OB premium 0.61225 high 0.61225 BSL above. I see Bullish OB 0.55285-0.56162 Sep low last red bearish before blue bullish to 0.56470 demand SSL 0.55285 below Weekly low 0.55399, combined with Bullish FVG 0.55285-0.56162 low 0.55285 not overlapping high 0.56162 inside OB discount. With price 0.56162 inside Bullish OB+FVG mitigated Weekly close 0.56162 open 0.56020 high 0.56291 low 0.55399, I read OsMA -0.0039577 negative Mom 97.6407 below 100 bearish divergence but, I notice bullish CHoCH 0.60400 to 0.59840 sweeping BSL 0.61225 breaking below 0.60400 bearish shift. After long lower wick rejection at 0.55285 SSL, I am tracking bullish divergence, waiting for acceptance above 0.56162, targeting 0.56470 and 0.56835 BSL and 0.61225 Weekly high, invalidation below 0.55285 SSL sweep low. I will manage risk with stop below SSL and, after confirmation above pivot, I target premium liquidity with partials at R1 and BSL, maintaining discipline. 2 - H4 BOS 0.55570-0.56835 BSL 0.56835/0.56720 SSL 0.55570/0.55685 Price 0.56162 OsMA 0.0002698 Mom 100.1694 Volume: On H4, range 0.55570-0.56835 bearish BOS 0.56835 high Sep 28 to 0.55570 low Oct 14, I observe high 0.56835 BSL double-top 0.56720 buy stops above 0.56835. Tracking low 0.55570 SSL sweep Oct 14 long wick below 0.55685 bearish BOS 0.55915 to 0.55570 breaking below 0.55800 red body, I note displacement. While price 0.56162 sits at 0.56147 pivot resistance green consolidation above 0.56030 support, I read OsMA 0.0002698 positive bullish histogram increasing at discount. With Mom 100.1694 above 100 bullish momentum bounce at 0.55800, I see H4 close 0.56162 open 0.56127 high 0.56188 low 0.56093 bullish divergence at SSL 0.55570 long wick rejection. After mitigation of Bullish OB 0.55570-0.55800, I will watch toward 0.56260 resistance, then 0.56470, then 0.56835 BSL, invalidation below 0.55570 SSL sweep, confirming bullish shift with teal displacement above 0.56147. I will manage risk with stop below SSL and, after confirmation above pivot, I target premium liquidity with partials at R1 and BSL, maintaining discipline. I will manage risk with stop below SSL and, after confirmation above pivot, I target premium liquidity with partials at R1 and BSL, maintaining discipline.