New Zealand Dollar / U.S. Dollar

Short

NZD/USD - Short

By mrrosstrader

Updated

There is a Bat Pattern formation on this pair and given the fact that there is a bearish trend, it seems like a good opportunity to sell right now and put the targets at 0.382 fibonacci level, although I am more focused on the 0.618 or lower, due to the trend.

Have nice holidays, if you celebrate them :)

Trade active

Trade closed: target reached

I took my profits at the 0.382 level :)

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