NZDUSD Sell Setup

Enjoy a free signal before the week gets started
Feedback, Likes, comments, and shares would be appreciated.

• We have reached a major daily s/r area where market historically has had steep reversals
  
• This would be a great opportunity to catch the trend reversal
  
• Also we have 2 major monthly downtrend and uptrend lines colliding
  
• Market has respected the monthly downtrend line, soon as it reached we saw a rejection twice
  
• then market fell below the monthly uptrend line, came back up to retest and saw a rejection
  
• We have broke and closed below the 12hr uptrend line
  
• I want to to market go up and test my major 3hr s/r area
  
• Currently we are just waiting for the best entry our chances look good.
  

NZDUSD NZDUSD
Sell Limit: 0.6500 (Best entry takes the most patience)
Stop loss: 0.6560 (60 pips risk)
Take profit: 0.6275 (225 pips reward)
Risk: 1% to 3% of account (recommended)
Reward/Risk: 3.75 (225/60)

Sell Stop: 0.6465 (Only when market goes above this price will you be able to execute this order or you can use a sell limit)
Stop loss: 0.6560 (95 pips risk)
Take profit: 0.6275 (190 pips reward)
Risk: 1% to 3% of account (recommended)
Reward/Risk: 2.00 (190/95)

Transaction en cours: