NZDUSD Downtrend Closing In
Updated
It looks like the downtrend of the last weeks is coming to an end here.
We see the lower lows getting closer to each other instead of the bigger differences seen in the trend.
I'm trading this as shown with an entry right now.
Should be a small trade with a wider stop because of the wick seen last time, don't want that to happen and kick me out.
Thank you for reading!
Wesley
We see the lower lows getting closer to each other instead of the bigger differences seen in the trend.
I'm trading this as shown with an entry right now.
Should be a small trade with a wider stop because of the wick seen last time, don't want that to happen and kick me out.
Thank you for reading!
Wesley
Trade closed: stop reached
Unfortunately the stop got reached, I’m going to see the next action before making a conclusion about what happened.Comment
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.