NZDUSD : Just a trendline Re-test or Breakout to downside ?
(i) Valid bearish break of trendline - Initiate short positions
(ii) If price action re-tests trendline & moves up - No trades
(iii) For upside move, as per my rules risk-reward not favorable, so I will look for only shorting if trendline breaks
There are potential pattern setups in NzdUsd I will update them when its about to complete. Before entering anyside please check risk-reward.Always do your analysis before trading.
(ii) If price action re-tests trendline & moves up - No trades
(iii) For upside move, as per my rules risk-reward not favorable, so I will look for only shorting if trendline breaks
There are potential pattern setups in NzdUsd I will update them when its about to complete. Before entering anyside please check risk-reward.Always do your analysis before trading.
Comment:
Target reached guys.. here after trailing stops ..risk free trade !
