Forex Price Action Baby, No Technicals or Fundamentals...Trade #24 - Sold NZD/CHF (11/28/19) by rollandthomas

steemleo · @rollandthomas · Nov 28 '19

$2.07

Forex Price Action Baby, No Technicals or Fundamentals...Trade #24 - Sold NZD/CHF (11/28/19)

![](https://cdn.steemitimages.com/DQmdCBZ2UyyNCWYMWJmwurZLWjZ7Cq2G8k9c4c8rKWcDgEb/image.png)

10,000 Ft View - Daily Chart

![](https://cdn.steemitimages.com/DQmSzAFHKGjhrgCEFHEKVEzNerE9HQ5XYB1TkTAxiGH2YsT/image.png)

Lets zoom in for the trade set-up on the 4 hr chart. What I like about the zone is price go rejected right before the zone twice.  This price action implies that the buyers pushed up price, but then the sellers stepped in overwhelmed the buyers and push price way down. The fact that price was rejected before the zone, tells me there are more unfilled sellers in the zone. 

![](https://cdn.steemitimages.com/DQmTRnaoBomWTTEpcNBse7Lrh1HVqzomtfJ2YEueqALC2CC/image.png)


![](https://cdn.steemitimages.com/DQmYTLSPQbTFTh7VngnUk4gziFsELQAfDUbKojaM5miaPFQ/image.png)

This post is my personal opinion. I’m not a financial advisor, this isn't financial advise. Do your own research before making investment decisions.

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