Possible Short trade on #NZDUSD
We have to wait for the Elliot wave to be confirmed in point 5.
As 0.62 touched (that's Fibo 61% and a Strong Resistance) we can go short BUT let the price breaks the trendline first.
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Entry 0.62
SL 0.62575
TP 0.5905
We have to wait for the Elliot wave to be confirmed in point 5.
As 0.62 touched (that's Fibo 61% and a Strong Resistance) we can go short BUT let the price breaks the trendline first.
---
Entry 0.62
SL 0.62575
TP 0.5905
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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.
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.