Short NZD/USD

By JD_FX
Updated
1Hr chart 3 bearish candles suggesting the price may continue downwards
Price has broken through the Ichimoku cloud confirming a downwards trend
1Hr Stochastic suggesting a continuation of bearish momentum
Consolidation of 1Hr candles through the Asian hours suggesting pent-up demand for a move

Entry: 0.66538
SL: 0.66779
TP: 0.66039
Comment
Added TP1: 0.66160
Comment
snapshot
Trade active
Extended SL to 0.66855 to give some breathing space to potential Sellers reloading their positions.
Comment
snapshot
Trade closed: stop reached
Chart PatternsTechnical IndicatorsTrend Analysis

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