NZD/USD | Potential Downward Movement
💡 Trade Idea
📈 Sell Order NZD/USD @ 0.7036
🎯 Target Profit 0.6940
🛑 Stop Loss 0.7072
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description:
The failed to probe above the daily resistance (blue line), and then posted a head and shoulders which indicates a potential reversal, plus we have a breakout of the bullish channel to the downside.
📈 Sell Order NZD/USD @ 0.7036
🎯 Target Profit 0.6940
🛑 Stop Loss 0.7072
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description:
The failed to probe above the daily resistance (blue line), and then posted a head and shoulders which indicates a potential reversal, plus we have a breakout of the bullish channel to the downside.
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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.
Related publications
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.