NZDUSD : 2 POSITION SUITABLE TO SHORT
The price has come to the crucial H1 resistance (FIBO 38.2 downtrend line and broken support that turned into resistance). So, sell at this level will be good as there is nice risk to reward ratio.
The second place we can short is level near 0.70776 (previous resistance and FIBO 61.80)
TRADE IDEA 1 :
SELL AT 0.70257
SL : 0.70440
TP : 0.69694
TRADE IDEA 2 :
SELL AT 0.70743
SL : 0.70939
TP : 0.70333, 0.69694
The second place we can short is level near 0.70776 (previous resistance and FIBO 61.80)
TRADE IDEA 1 :
SELL AT 0.70257
SL : 0.70440
TP : 0.69694
TRADE IDEA 2 :
SELL AT 0.70743
SL : 0.70939
TP : 0.70333, 0.69694
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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.
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.