NZD/USD is ready for a short. Resistance @ 0.7040 has been touched and rejected, we now look to be heading lower towards the 0.680 region.
SL : 0.7070
dxy rallying and the NZD weighted index is ready for a pullback
I will be looking to hold this trade as we go down, bringing my SL further and further into profit as we proceed
I will update as we go....
SL : 0.7070
dxy rallying and the NZD weighted index is ready for a pullback
I will be looking to hold this trade as we go down, bringing my SL further and further into profit as we proceed
I will update as we go....
Note
We have shorted 70 PIPS since entry yesterday, now is time to bring SL to break even, we will look to bring SL into profit in coming days.Note
be aware of this trend line we can either break or bounce, we currently have SL at break even so lets see how it play out...Note
we have broken trend line, move SL 75 PIPS into profit, still looking for the 0.680 region Trade closed manually
If your TP has not yet been hit, now would be a good time to exit this position a i see the DXY shorting in the near time before going long again
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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.