NZDUSD - SHORT - Return to the down-side
Good day Ladies and Gents,
Possible short coming right up for NZDUSD and I will scrutinise it very closely.
My trading position will be short once:
Price has closed below EMA 50 AND 0.66000. SL will be at 0.66527 and TP at 0.65000.
Happy trading everyone!
***************DISCLAIMER******************
This is just my trading ideas and should not constitute as trading advice or recommendation for anyone.
Possible short coming right up for NZDUSD and I will scrutinise it very closely.
- Downward trend bias is still holding based on D1 TF.
- in H4 TF, price has went past above the EMA50 line but below the SMA 200.
- Strong resistance at 0.66527 and support at 0.65000.
- Price oscillating around the 0.66000.
My trading position will be short once:
Price has closed below EMA 50 AND 0.66000. SL will be at 0.66527 and TP at 0.65000.
Happy trading everyone!
***************DISCLAIMER******************
This is just my trading ideas and should not constitute as trading advice or recommendation for anyone.
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