Hi traders,
NZDUSD is going down again, just reversing in the area that we expect!
If we see a nice bearish candle in the daily close, we can short it!
Good trading!!
Xavi.
NZDUSD is going down again, just reversing in the area that we expect!
If we see a nice bearish candle in the daily close, we can short it!
- Take profit at previous low 0.6550
Stop at swing high 0.6725
Entry we have to wait for daily close
Good trading!!
Xavi.
Note
Yestarday we had a good bearish candle and now we have a reatracement!is a good moment to enter about 0.66, stop at swing high 0.6725
Enetring now yuo have better risk reward, but you are not entering on momentum, so manage your risk properly!!!
I'm on the NZDCAD, so will not enter this trade, due to correlation of the 2 pairs, and to control exposure and risk...
Good trading
Xavi.
Trade closed: stop reached
Stop hit!
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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.