FX:NZDUSD   New Zealand Dollar / U.S. Dollar
NZDUSD Correction unlikely over.
Failure by trendline.
The up move seems similiar to the previous up move.
Selling is a good idea.
Caution near the 61.8% retrace if price stalls.
Breaking the low is likely.
Comment:
So far so good. You may tighten the stops to 0.6833
Comment:
TP set to 0.6782 (the low).
If price stalls near the bottom, feel free to close the trade. - Money in the bank.
Comment:
I'll be looking to scale out my positions soon and defintely move sl to break even.
Comment:
SL moved to 0.6813
Trade closed manually:
Enough profits. Price could reverse from here.
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.