NZDUSD Had a nice run, time for a pullback
Updated
The indicators are all here showing NZDUSD had a great run up. I will be shorting it to the first trend line, if that breaks I will continue holding till the second trend line. Watch this 4h candle closely. If it closes as a bear engulfing candle then it is a sure sign of a reversal. I am also testing a new system on daily fractal trading, my current positions there are short GBPUSD and long GBPJPY. Very small positions as I am testing this trading theory but I do like the idea of trading the daily candle at the beginning of the day and catching the entire days move.
Trade active
Short is active now.Trade closed: target reached
trade hit TP of .74, monitor this trade, if it breaks the trend line we can short it again to the other trend line.
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