New Zealand Dollar / U.S. Dollar

NZDUSD Sell

Updated

NZDUSD Correction unlikely over.
Failure by trendline.
The up move seems similiar to the previous up move.
Selling is a good idea.
Caution near the 61.8% retrace if price stalls.
Breaking the low is likely.

Note

So far so good. You may tighten the stops to 0.6833

Note

TP set to 0.6782 (the low).
If price stalls near the bottom, feel free to close the trade. - Money in the bank.

Note

I'll be looking to scale out my positions soon and defintely move sl to break even.

Note

SL moved to 0.6813

Trade closed manually

Enough profits. Price could reverse from here.

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