A high probability of success for this SHORT setup in NZDUSD pair. The 61.8% retrace and the bearish engulfing on H4 time frame suggest another move down for this pair.
Trade closed: target reached
Note
Long term trend line broken, wait for a consolidation,re-test of the trend line or a bearish flag and at a break of that formation enter short.Trade active
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.