NZDUSD Perfect short?
Updated
First of all, i think it was called DIVERGENCE? Look at my WT_LB and check the chart, i've put 2 lines. Showing a divergence is showing up on this 4H chart.
It's being rejected by the resistance level: FIB:
This should be the key area for a turnaround, going to head down more.
Short opened: 0.7234
Stop loss: 0.7258
First target: 0.7067
Second target: 0.6971
I'm looking to open another short when i feel like it is going in the direction i' want to see it go.
It's being rejected by the resistance level: FIB:
This should be the key area for a turnaround, going to head down more.
Short opened: 0.7234
Stop loss: 0.7258
First target: 0.7067
Second target: 0.6971
I'm looking to open another short when i feel like it is going in the direction i' want to see it go.
Note
Overview of the chart
For the info: Red lines = resistance
Others are fibs as you see.
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