NZDUSD D1 Channel Rejection to the Downside
Stop Loss should be set @ 0.74000-0.74500, if price breaks out the trade will be considered invalid. Bearish momentum should over take and reverse now that we are approaching the D1 supply zone. Happy trading and excuse my lack of posts lately, I've been very busy on the road. Expect to see more of me now that I've settled in the office. Potential 500 pips on this setup.
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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.