NZDUSD Short +51pips

I had been paying attention to NZDUSD and had been able to see the movements well as it seems to be a currency that is very trendy instead of consolidating at the moment.

At 4:30am, I saw this price action in NZDUSD while USDX looked primed to rally. So I decided to take a short, aiming for 0.7035 as had been called previously on my notes.

The trade stalled for a long time but eventually started going lower.

I wanted to take something out at this point but 0.10 was my trade size and that's the smallest allowed on this platform so decided to monitor it. I did lower the stop to 0.7106 from the original of 0.7116.

The trade continued in my direction but was stalling again at this order block, but I was confident since it had breached the mean threshold of it.

After it traded to the lows, USDX was running over the high and failed to run higher with speed, so I decided to close out my position early instead of waiting for the last 5 pips. NZDUSD ended up going to 0.7035 and rejected fast, closing at 0.7099, so that was a good call on my part to get out early for +51 pips.