NZDUSD

By bmgforex
Updated
A high probability of success for this SHORT setup in NZDUSD pair. The 61.8% retrace and the bearish engulfing on H4 time frame suggest another move down for this pair.
Trade closed: target reached
Comment
Long term trend line broken, wait for a consolidation,re-test of the trend line or a bearish flag and at a break of that formation enter short.
snapshot
Trade active
snapshot
kiwidollarshortnzdusdshortSupport and ResistanceTrend Lines

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