New Zealand Dollar / U.S. Dollar

Short

Updated

Potential for a short position if it broke 0.72091

Weekly Chart:
Bearish engulfing patter
Daily:
Wait to see react with 0.72091 key support. If it breaks, we will join the Bears

Trade active

Note

NZDUSD moved in our favor.

Note

I moved my SL to protect nice profit and wait for scaling up one more short position.

Note

SL hit and wait to see react with 0.72091 key support.

Trade closed: stop reached

Weekly Chart:
The power of the Bears and the Bulls are equal.
Daily Chart:
Key support @ 0.72091 worked pretty well.
=> I am not going to trade this pair this week. I will stay on the side line.

XT-Simple_Trading

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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.

XT-Simple_Trading

Also on:

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.