This setup wasn’t the cleanest, but sometimes calculated risk pays off.
📉 Setup:
Price was in a clear downtrend, making this buy counter-trend.
Demand zone around 0.5818 offered a possible bounce.
Break of the descending trendline gave early confirmation.
✅ Entry: 0.58189
❌ SL: 0.57964
🎯 TP: 0.59420 – 0.59490 supply zone
📊 Outcome:
Despite the risk of fading the trend, price respected demand, broke structure, and ran straight into my supply target at 0.5940+ for full profits.
⚠️ Not every trade will be textbook perfect — but with proper risk management, even the risky ones can pay off.
#NZDUSD #ForexTrader #RiskManagement #RiskyTrade #PriceAction #SmartMoneyConcepts #ForexJourney #MarketStructure
📉 Setup:
Price was in a clear downtrend, making this buy counter-trend.
Demand zone around 0.5818 offered a possible bounce.
Break of the descending trendline gave early confirmation.
✅ Entry: 0.58189
❌ SL: 0.57964
🎯 TP: 0.59420 – 0.59490 supply zone
📊 Outcome:
Despite the risk of fading the trend, price respected demand, broke structure, and ran straight into my supply target at 0.5940+ for full profits.
⚠️ Not every trade will be textbook perfect — but with proper risk management, even the risky ones can pay off.
#NZDUSD #ForexTrader #RiskManagement #RiskyTrade #PriceAction #SmartMoneyConcepts #ForexJourney #MarketStructure
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Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.