15min TF overview
🟥 Sellside Trade Log
📉 Pair: NZD/USD
🏷️ Type: Intraday | LND Session AM
🧠 Setup: Continuation (Ascending Channel Rejection)
🆔 Trade ID: #NZDUSD-0515A
📅 Date: Thursday, 15th May 2025
🕘 Time: 9:15 AM
🔹 Entry Price: 0.58856
🔹 Profit Target: 0.58537 (-0.54%)
🔹 Stop Loss: 0.58955 (+0.17%)
🔹 Risk-Reward Ratio: 3.22
🔍 Reasoning:
This sellside continuation trade was executed following a rejection at the ascending channel resistance. Price action showed bearish follow-through during the London AM session, with the channel's upper boundary providing a key pivot. Momentum favoured downside extension, supported by structure and session timing.
Trade active
Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.