BernhardAnalytics

short for nzdusd. everybody is trying to short it

Short
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
10
short for nzdusd.
too many people are shorting it, since it looks too obvious, I'd say be really careful.
Comment:
take some profit here
Comment:
first entry TP hit, and now second entry.
Comment:
0.73608, get in and set stop loss.
Comment:
it's pretty tricky, but it's trading, always prepare two entries when over 80% people think nzdusd is a short.
Comment:
move stop loss to the entry now. or 0.73563
Comment:
take part profit here and keep it running.
Comment:
huge profit in short time.
Comment:
keep it running ,it's a long term trade.
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.