NZDUSD POTENTIAL SHORT POSITION
1. Break of upward trend channel
2. Double test of support/resistance.
3. RSI Divergence
4. Good risk to reward ratio
2. Double test of support/resistance.
3. RSI Divergence
4. Good risk to reward ratio
Trade closed: stop reached
New Zealand CPI figures higher than expected (0.2 v 0.0 expected) pushed NZD higher. Stop loss hit but new short opportunity presented.
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Twitter: twitter.com/logicfxtrading
Facebook: facebook.com/logicfxtrading
Telegram: t.me/logicfxfreetrades
Flipboard Magazine: tinyurl.com/yazs9szc
Facebook: facebook.com/logicfxtrading
Telegram: t.me/logicfxfreetrades
Flipboard Magazine: tinyurl.com/yazs9szc
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.