Bearrington15

Regular Bearish Divergence followed by the Bear 123 Pullback

Short
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
This is a Setup best known as a Bearish Advance Divergence Butterfly - (Bear ABD). With the daily TF showing a Bearish retrace rejection i took a short trade on the 4HR TF via a Regualr Bearish Divergence. Target 1 already hit and PA has now pulled back forming a potential retrace rejection and also was showed Bull Hidden Divergence. However PA is holding at the Mid level APF giving strength to the Bear. We'll wait and see

Comments

Nice trade.
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