Ahs16
Short

NZDUSD Short Postion

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
All 4 Lines placed show major structure levels which hold extremely high integrity seen within many instances in the near past.

These various instances have been displayed through the orange boxes highlighting candlesticks which have retracted to resistance
Or bounced of support points, we are looking for history to repeat itself within this short position .

After a fairly harsh bearish move within this 1 hr             chart there has been a bullish retraction that is heading towards what is going to be a major resistance level , therefore we are wanting to get into a short trade
To give this structure level more integrity, the .5 and .618 Fib levels lie exactly between the two structures which give us more indication that there is going to be a reversal

The highlighted red box is the area in which we want to enter the trade as it is supported by structure and fib
We have set our targets at the best structure point which price level will be attracted to at the green support line
EN English (UK)
EN English
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out