NzdUsd Trade Idea

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NzdUsd Trade IdeaNZD/USDOANDA:NZDUSDOfficialJ23I ended up taking shorts on NU. Price opened up this week bearish with the 4hr breaking bullish structures. There was a 4hr LH and LL, if price was gonna continue pushing to the downside then I needed to see the 4hr LL be broken and retested on the 15m time frame. Once the 15m time frame showed price tapping back into the 4hr LL there was a bullish shift on the 1hr. Again I needed to see the bearish shift happen there since that's where the higher time frame LL was at. Once the move to the downside finally happened I had to see how price would react with FOMC news that was gonna hit at 1pm. Price didn't move and still maintained bearish so that's when I entered my shorts for a 1:3rr. We'll see how this plays out.