(NZDUSD) - 4HR - shorting with great R:R
Updated
Shorting based on broken trendline, the trendline is being tested as I write this.
Am expecting some consolidation in the consolidation box and a rally to the downside.
Am expecting some consolidation in the consolidation box and a rally to the downside.
Note
Divergence in 1hr timeframe.Note
Note
that drop !Note
taking some profit, will sell again after minor pullback.Note
We took profit at perfect time. the price is touching the trend line once again and its perfect opportunity to short with a SL right above the trend line (green line).We scored a total of 112 pips on this pair so far.
Trade active
Trade closed: stop reached
we lost about 60 pips and made about 52 pips. loss of 8 pips
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