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NZDUSD - Continue putting Sell traps
New Zealand Dollar / U.S. Dollar
Short
NZDUSD - Continue putting Sell traps
By R-T
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Oct 18, 2021
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Oct 18, 2021
Price is currently at the intersection Monthly top (downtrend) channel line and Daily resistance. This can push the price further down.
Put Trend Catcher order as shown by the Sell position tool to catch the move South.
TC order:
- Stop order 5 pips above last candles high.
- Good For Day order. Re-order on the next open of a new candle.
Support and Resistance
Trend Lines
R-T
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