Short

NZDUSD SHORT AT MA CROSS + CHANNEL

Updated

Hey traders, nice confluence of resistance here toward long term bearsh targets. Weekly pivot precisely confluenct with Cypher completion. This makes for a nice bearish target.

Note

Powerful move down, first target achieved. Moved stop to breakeven.

Trade closed: target reached

+63 Pips
+44 Pips on the week

Cheers

Note

Also, keep in mind that bullish cypher is now complete. If you are short, be prepared to take profit, endure bullish drawdown or remove some of your position in the event of strong bullish 5m-15m candle close. Cheers

glennmercer

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