NZD/USD trade idea
When we look at the chart we can see that the price is at a resistance zone.
What I want to do now is to go short here. The zone was respected in the past and we can see that the price has been stuggeling to break it.
I would just go short here and maybe work with 2 TP zones.
1 would be the one you see of the chart.
Once that is hit I would just move my SL to entry and let the trade run.
What I want to do now is to go short here. The zone was respected in the past and we can see that the price has been stuggeling to break it.
I would just go short here and maybe work with 2 TP zones.
1 would be the one you see of the chart.
Once that is hit I would just move my SL to entry and let the trade run.
Trade closed: target reached
Trade closed. After the retest of the resistance zone we got the drop that I was looking for.
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