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Short
Updated

NZX50 Index Weekly Pin Bar

79
Looking at lower levels, good R:R even back to 20sma would be a nice 3:1 trade
Note
Not trading this as I do not trade NZ stocks or Indices... but there is a lot of fibonacci confluence there and the pin bar in the zone is a shot across the bow possibly indicating a short term pullback is due
Trade closed: stop reached
Stell looks bearish, with signs of bearish divergence creeping in
dionvuletich

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dionvuletich

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.