NZDUSD - D - SHORT

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If you're brave enough you can try this SHORT setup. On monthly and overall, I see this pair as bullish but after the huge run we had last months, a healthy correction "should" arrive. However, as far as I remember, anything can happen in trading so this trade has a good RR, that's why I'm taking it. My plan is to take on TP1 and set SLbe quickly and target a quick TP2. TP3 and TP4 shall be for "bonus" trade.
As already said by a lot of good traders here in TV, mitigate your risk with % of your account, not taking absolute pips numbers.

Trade with you own diligence,
GL HF
Note
Closed 30%TP1, nice start.
Trade fermée: ordre d’arrêt atteint
SLbe hit!
Beyond Technical AnalysisChart PatternsNZDUSDshortTMSTrend Analysis

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