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NZDUSD D1 Short

Short
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
xtbtrader Updated   
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Analysis Chart Patterns
2
1
trendanalysis chartpattern
Hi traders,

NZDUSD is going down again, just reversing in the area that we expect!
If we see a nice bearish candle in the daily close, we can short it!
  • Take profit at previous low 0.6550
    Stop at swing high 0.6725
    Entry we have to wait for daily close
Good trading!!
Xavi.
Comment:
Yestarday we had a good bearish candle and now we have a reatracement!
is a good moment to enter about 0.66, stop at swing high 0.6725

Enetring now yuo have better risk reward, but you are not entering on momentum, so manage your risk properly!!!

snapshot

I'm on the NZDCAD, so will not enter this trade, due to correlation of the 2 pairs, and to control exposure and risk...

Good trading
Xavi.
Trade closed: stop reached:
Stop hit!
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