Short NZDUSD Short Term Based On H4 Time Frame

By AEFX786
Updated
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.

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Trade active
Was a 100% retracement, which closed with a beautiful exhaust candle where price failed to break and close above the previous rising trendline. A strong down signal.

We are active in this position already and well in profit :)
Comment
Closed 1 position for 40pips and riding out the pullback.
Comment
A solid 0.786 retracement complete - will add additional sell positions to this trade.
Trade closed: stop reached
FibonacciNZDUSDnzdusdanalysisnzdusdbreakoutnzdusdforecastnzdusdh4nzdusdideanzdusdsellnzdusdshortnzdusdsignalTrend AnalysisTrend Lines
AEFX786
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