We hit that yellow zone for a 3rd touch. My issue with this setup is that we rejected the neckline of a reverse H&S . Look at the Daily chart I will show. Trade this pair with a smaller lot size and take profit after 20-30 pips with SL at BE. Be careful
Kommentera:
I wrote NZDJPY but its NZDUSD.... My bad
Kommentera:
If we get a clear break of the neckline and a retest we could take a long, I will post a new chart
Order avbruten:
We broke the neckline and will wait for a good pullback to it to get into it
Kommentera:
Oh well, hopefully some of you guys took it.... Went straight to the zone and it is now in profit. Sadly, I am not in it
Here is the H&S . Alot of confluence at the zone