Overextended price after long rally with the NZD, and candles confirmation for trend fatigue allows placing a sell-stop order with entry right one pip below the lowes bearish candle.
In the realm of D1 a precise bearish pin bar is forming at an exciting level, with a clear MACD divergence in place as additional confirmation
A sell-stop entry gives enough room to target an R:R|1:2, targeting the previous resistance level as a great magnet for the price action to head towards.
S/L: 78 pips
In the realm of D1 a precise bearish pin bar is forming at an exciting level, with a clear MACD divergence in place as additional confirmation
A sell-stop entry gives enough room to target an R:R|1:2, targeting the previous resistance level as a great magnet for the price action to head towards.
S/L: 78 pips
Order cancelled
entry cancelled
FEEL FREE TO CHECK MY SOCIAL NETWORKS FOR MORE MARKET INFORMATION 🇺🇸 🇪🇸
INSTAGRAM:
instagram.com/og.fxtrader
FREE TELEGRAM:
t.me/ogfxtrader
TWITTER
twitter.com/ogfxtrader
FACEBOOK
facebook.com/ogfxtrader
INSTAGRAM:
instagram.com/og.fxtrader
FREE TELEGRAM:
t.me/ogfxtrader
twitter.com/ogfxtrader
facebook.com/ogfxtrader
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.
FEEL FREE TO CHECK MY SOCIAL NETWORKS FOR MORE MARKET INFORMATION 🇺🇸 🇪🇸
INSTAGRAM:
instagram.com/og.fxtrader
FREE TELEGRAM:
t.me/ogfxtrader
TWITTER
twitter.com/ogfxtrader
FACEBOOK
facebook.com/ogfxtrader
INSTAGRAM:
instagram.com/og.fxtrader
FREE TELEGRAM:
t.me/ogfxtrader
twitter.com/ogfxtrader
facebook.com/ogfxtrader
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.