NZDUSD short. descending channel.
Hey traders,
Here we have a simple trading idea. NZDUSD has been following a nice descending channel for a while now on the 4h chart. Price has respected the channel throughout and just touched the upside bar and I'm expecting it to come down and touch the lower descending bar. The channel is about to finish in a few days time. Once finished I'm hoping to go long on this. But for now I'm shorting with a tp closer to the lower descending bar.
Let me know what you think.
Trade safe and good luck.
Here we have a simple trading idea. NZDUSD has been following a nice descending channel for a while now on the 4h chart. Price has respected the channel throughout and just touched the upside bar and I'm expecting it to come down and touch the lower descending bar. The channel is about to finish in a few days time. Once finished I'm hoping to go long on this. But for now I'm shorting with a tp closer to the lower descending bar.
Let me know what you think.
Trade safe and good luck.
Trade fermée: cible de profit atteinte
Closed with 80 pips profit.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.