NZDUSD H4 - Trendline Short Entry
Mis à jour
NZDUSD has been declining since the 4th of December. We've been steadily retesting previous resistances and creating Lower Highs and Lower Lows.
Current price aligned with the trendline , 200 MA, Resistance zone, 38.2% Fibonacci level, furthermore it is in a Bearish trend. If we see slow down of momentum of the bullish corrective movement and candle stick confirmations we will enter a Short Entry.
As always we have multiple targets.
Target 1 is placed at 0.67352
Target 2 is placed at 0.67063
Happy Trading
-Juff
Current price aligned with the trendline , 200 MA, Resistance zone, 38.2% Fibonacci level, furthermore it is in a Bearish trend. If we see slow down of momentum of the bullish corrective movement and candle stick confirmations we will enter a Short Entry.
As always we have multiple targets.
Target 1 is placed at 0.67352
Target 2 is placed at 0.67063
Happy Trading
-Juff
Ordre annulé
Price stalled but didn't follow with any candle stick confirmations for a short entry.
Clause de non-responsabilité
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