NZD/USD short
Looking to get small short here, the reasons why:
1) Overbought RSI
2) Strong resistance level tested back Sep 2016
3) Come back to middle of the Pitch fork level
4) Going to 382 Fib level.
5) Going back to SMA
If brake above 50 and disrespect the level probably will go to famous 0.618%
1) Overbought RSI
2) Strong resistance level tested back Sep 2016
3) Come back to middle of the Pitch fork level
4) Going to 382 Fib level.
5) Going back to SMA
If brake above 50 and disrespect the level probably will go to famous 0.618%
Note
Level was respected. Lets see how it goes.Trade active
Trade closed: stop reached
Major level was broken.
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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.