NZDUSD Short, because reaching price channel
NZD reach the top of price channel and maybe it's a good entry to go short. SL at 73.258 and 1. Target at 70.863. If reached, half your position. 2nd target at 70.000. Risk / Reward Ratio at 8.83 (2nd target) and 6,24 (1 target).
This is only my idea for a trading setup, please check and decide with your own strategy! Thanks, and good luck!
This is only my idea for a trading setup, please check and decide with your own strategy! Thanks, and good luck!
Note
Target 1 reached, half positionTarget 2 reched, close position
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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.
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.