NZDUSD: Two Many Reasons To Go Short

Triple top, slide parallel of a median line and the 1.27 extention of a previous impulsive wave all meet in a level where price looks like is being rejected. A RSI beaish divergence shows that this upmove may have come to end.

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Trade fermée: cible de profit atteinte:

Move your stoploss at BE to second position. I expect this pair to sell off so it would be a nice idea if to trail your second position and let your profits run as far as it goes. I will try to manage it here in this chart and keep you updated.

Commentaire:

Second setup closed as price reached stoploss at breakeven (breakeven is always fine :)

Commentaire:

I just saw the title of this post and my jaw dropped.. I meant to write "Too many..." and not "Two many.."
English is not my native language but this a funny mistake.