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Short sell NZD/USD

Sold NZDUSD below low of 'recent thrust up'. Price is more likely to erase 'whole swing up' on H1.

Risk: If it moves up and H1 closes above high of 'recent thrust up', the bearish setup will fail.


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On daily/D1 time-frame:

The trend remain bearish and no longer oversold, so there is enough room for NZD/USD to move down.


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1 comment

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Keon Consultancy
Keon Consultancy
26 sept 2019

Closed at BE.

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