NZDUSD Short - Fibonnaci S/R + DOW theory + Bullish - Week 06 03

NZDUSD Short position on basis of Support - Resistence levels defined through Fibonnaci in Bullish Trend .
- SL is last HH
- TP is placed on basis of 1.0 RR ratio.
- Bearish Engulfing on Last HH has been formed, indicating retracement
- SL is last HH
- TP is placed on basis of 1.0 RR ratio.
- Bearish Engulfing on Last HH has been formed, indicating retracement
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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.