NZD short
On the daily chart we have a nice bearish engulfing formed off the major down trend.
we can see the pull back on the 4hr chart has now broken the up trend and we have a nice change in market structure.
Higher probability of following major trend.
We will short here with stop as shown.
Target as shown.
we can see the pull back on the 4hr chart has now broken the up trend and we have a nice change in market structure.
Higher probability of following major trend.
We will short here with stop as shown.
Target as shown.
Note
Stop hit here.Weekly chart showed bull hammer off support.
Fundamentally the USD is rolling over across the board.
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