NZDUSD Short Trade
- The price is currently at a resistance area looking at the higher time frame.
- The price is getting closer to a 4hr trend line
- The price has pushed 3 waves higher but is getting weaker with every push
- If the price would actually go back down, it will create a right shoulder on a head and shoulders pattern
I already entered short at 0.6580
Good luck in trading guys!
For detailed analysis:
razoteforex.com/2015/11/20/nzdusd-trade-short-nov-20-2015/
- The price is getting closer to a 4hr trend line
- The price has pushed 3 waves higher but is getting weaker with every push
- If the price would actually go back down, it will create a right shoulder on a head and shoulders pattern
I already entered short at 0.6580
Good luck in trading guys!
For detailed analysis:
razoteforex.com/2015/11/20/nzdusd-trade-short-nov-20-2015/
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