Trade -NZDUSD Short
Reasons for entering short @ around 0.6250-60
1. 0.61 Fib Level.
2. Upward Trend Line Resistance
3. Price bounced back after touching this level in March 2020
4. Price bounced back after touching this level in September 2015
5. There is pullback due.
NZDUSD
Entry around .6230-60
STOP- Check chart
Profit - Check chart
though the pullback can be huge, however to be on safer side scale out some profit as this level can be retested
NZDUSD.
Reasons for entering short @ around 0.6250-60
1. 0.61 Fib Level.
2. Upward Trend Line Resistance
3. Price bounced back after touching this level in March 2020
4. Price bounced back after touching this level in September 2015
5. There is pullback due.
Entry around .6230-60
STOP- Check chart
Profit - Check chart
though the pullback can be huge, however to be on safer side scale out some profit as this level can be retested
Trade active
triggered shortTrade closed: target reached
First Target reachedDisclaimer
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.
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.