NZD/USD bearish on 1 hr Time Frame
NZD/USD is currently in the Declining phase on 1hr time frame. It is making series of Lower Highs and Lower Lows. If the next Lower Low breaks then it is signalling that bearish trend will continue. My sell trade would be:
Sell: 0.61927
Stop Loss: 0.62630
TP 1: 0.6121
TP 2: 0.6052
Sell: 0.61927
Stop Loss: 0.62630
TP 1: 0.6121
TP 2: 0.6052
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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.