NZDUSD/ Possible Short Idea
Updated
Hi Traders
After A big downtrend Pair decided to pullback and with an uptrend line reached to a major res zone.
as you can see we have double top and multiple wick rejections that are good sign of bearish momentum so now we are going to wait for the price to break the trend line and after retest i will go for a short.
After A big downtrend Pair decided to pullback and with an uptrend line reached to a major res zone.
as you can see we have double top and multiple wick rejections that are good sign of bearish momentum so now we are going to wait for the price to break the trend line and after retest i will go for a short.
Note
Short Position on 0.66230 opened .50Pips In Profit
Note
closed with +50 pips
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