NZDUSD: Clear short at weekly resistance

NZDUSD has an interesting short setup in the making. If we break down from here I could see it retesting the weekly mode at 0.6721, as depicted on chart. You can enter shorts at market with stops above 0.72721, and risk 0.5-1% on it. Add after it moves 1 atr in profit.

Check out my updated track record here: pastebin.com/6CyyqnPT

If interested in my real time whatsapp alerts and swing trading newsletter, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year.

Cheers!

Ivan Labrie

Link to Tim West's chatroom: www.tradingview.com/chat/
We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask.

Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance-0.38% on such information.

Commentaire:

Already good progress confirming momentum. This looks like it'll be a very good move.