NZDUSD 60min Bear Trend Continuation Trade (TCT)
NZDUSD had a good run up recently. But since then we have Double Topped and broken and closed below 2 support levels now.
I've sold this rally and entered on a reversal pattern via candlesticks.
Stops - 1 ATR Above the Reversal Zone (Yellow Box)
Target #1 - Retest of Lows
Target #2 - 1.27% Fib Ext
I've sold this rally and entered on a reversal pattern via candlesticks.
Stops - 1 ATR Above the Reversal Zone (Yellow Box)
Target #1 - Retest of Lows
Target #2 - 1.27% Fib Ext
Trade closed: stop reached
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.
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.