paulsandhu

Structure Based Short + Bearish Shark

Short
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Hello Traders,

We have a selling opportunity on NZDUSD at structure. The market is overbought at this level. We have additional confluence here as there are several key ratios aligning in this region and the trade is in the direction of the underlying trend. For harmonic traders there is also a bearish shark pattern available. Some initial targets have been presented on the chart.

Thanks,
P
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.