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Bearish butterfly in NZD, Short high
New Zealand Dollar / U.S. Dollar
Short
Bearish butterfly in NZD, Short high
By pro_vin618
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Updated
Aug 28, 2016
3
Aug 21, 2016
Price failed to get support above 0.7300, wicks can be seen with lower high points as well
Wait for short opportunities via below signals:
1 When Price retest within 0.7285-7300 and falling again
2 When RSI start to fall from overbought area again
3 When Diagram of MACD move to below 0
TP1: 0.7220
TP2: 0.7150
TP3: 0.7080
Aug 28, 2016
Note
Wait for price rebound to around 0.7250-0.7300 , then prepare to short again.
Butterfly
pro_vin618
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