NZDUSD | Bearish Trap Above OB – Targeting Weekly Order Block
Hello Billionaires!!
In NZDUSD D1 Projection we know the Algorithm has completed its supply move and created a failed Order Block trap for retailers. Price is now rejecting from the Fair Value Gap (FVG) and short-term OB, signaling potential downside continuation.
🔹 Key Points:
Supply zone already mitigated, confirming distribution.
OB + FVG acted as liquidity trap for retail longs.
Price likely to break lower and head towards the weekly Order Block around 0.5650.
BPR support zone aligns with downside continuation.
Bias remains bearish as long as price stays below the OB/FVG zone.
In NZDUSD D1 Projection we know the Algorithm has completed its supply move and created a failed Order Block trap for retailers. Price is now rejecting from the Fair Value Gap (FVG) and short-term OB, signaling potential downside continuation.
🔹 Key Points:
Supply zone already mitigated, confirming distribution.
OB + FVG acted as liquidity trap for retail longs.
Price likely to break lower and head towards the weekly Order Block around 0.5650.
BPR support zone aligns with downside continuation.
Bias remains bearish as long as price stays below the OB/FVG zone.
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Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.