NZDUSD, daily tf, sell on retest of resistance
Hello my friends,
Trade setup for today is NZDUSD pairs.
I've marked the horizontal level and support/resistance for this pair.
As you can see, incidentally we could see that price moving inside ascending channel for this NZDUSD pair.
The top of ascending channel meet with the horizontal resistance so we could say sellers might come in to defend this area 0.6685-0.6900
I am gonna try selling this pair at resistance as there is a possibility price could rejected and come down again.
Sell NZDUSD 0.6685
Stop loss 0.6730
Take profit 0.6595
RR ratio 1 : 2
Use only 1-2% risk
Good luck
Disclaimer : I sold NZDUSD from 0.6685
Trade setup for today is NZDUSD pairs.
I've marked the horizontal level and support/resistance for this pair.
As you can see, incidentally we could see that price moving inside ascending channel for this NZDUSD pair.
The top of ascending channel meet with the horizontal resistance so we could say sellers might come in to defend this area 0.6685-0.6900
I am gonna try selling this pair at resistance as there is a possibility price could rejected and come down again.
Sell NZDUSD 0.6685
Stop loss 0.6730
Take profit 0.6595
RR ratio 1 : 2
Use only 1-2% risk
Good luck
Disclaimer : I sold NZDUSD from 0.6685
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