Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
NZDUSD Breakout lower
New Zealand Dollar / U.S. Dollar
Short
NZDUSD Breakout lower
By WaterTree
Follow
Follow
Updated
May 9, 2018
2
Cheer
Cheer
May 8, 2018
Looking for NZDUSD to break down lower since it just left the middle of a range.
We have just seen a large bearish candle trading aggressively lower indicating the downside is most probable.
Entry: 0.69896
SL: 0.70355
TP: 0.69248
May 9, 2018
Trade closed manually
I closed this out in my demo account since my stop was hit.
Price is currently consolidating within a range and may trade higher, this depends on whether it decides to break higher or lower in the range.
I am still expecting lower prices but I am not currently in it.
May 9, 2018
Comment
Damn NZD monetary policy announcement in our favor for this trade. Forgot about that.
Chart Patterns
NZDUSD
nzdusdbreakout
nzdusddaily
nzdusdforecast
nzdusdsell
nzdusdshort
nzdusdsiganls
nzdusdsignal
nzdusdtrade
Trend Analysis
WaterTree
Follow
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
.