Home Featured NZD/USD backside trade: Confirmation entry for February 9th 2022

NZD/USD backside trade: Confirmation entry for February 9th 2022

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NZD/USD backside trade: Confirmation entry for February 9th 2022


Live NZD/USD Backside trade analysis

Two consecutive days of price action on this pair were marked by sideways prices. Thus, we have an open bias. This is a situation where we trade at the same level as the price.

In this case, we should consider the higher level 0.6652. This price achieved a clean break during the Asian session. We are left with the potential backside play During the London session.

The Trade Setup

Here’s the Classic DTFL configurationThis is, and any DTFL member knows, the easiest setup to spot. Especially if there are both confirmation and stop runs.



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