NZDUSD approaching breakdown
rising wedge
uptrend channel has not formed yet so i can see short play if the wedge is broken
uptrend channel has not formed yet so i can see short play if the wedge is broken
Trade active
channel broke down 12hrs after post. Short trade enteredNote
short trade reached 0.5% profit before bouncing to 0%at this point, a new cahnnel could be forming as a bull flag. two opportunities are possible, a bullish break out, or a continue of the original idea
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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.