Short for NZD/USD
Updated
The pull back that I posted about to 0.662 has come through. We are however in a downtrend so now the best option is to scope out some entries for a short all the way to 0.64...
I see a 200 pip fall coming through in the coming weeks.
However, be aware as price could potentially rise to 0.665 before reversing. Higher time-frames need a wick ;)
I see a 200 pip fall coming through in the coming weeks.
However, be aware as price could potentially rise to 0.665 before reversing. Higher time-frames need a wick ;)
Trade closed: stop reached
Trade closed out for a break even. I will re-chart and post analysis updates in coming days...
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.