VasilyTrader

NZDUSD: Scalp Short Trade

Short
FX:NZDUSD   New Zealand Dollar / U.S. Dollar

hey guys,

I've just taken this short trade on NZDUSD.

reason:
the price has reached a key weekly/daily level

on 1H a descending triangle formed and this morning its minor support was broken.

I entered on retest based on 382 retracement of a minor leg.
stop placed above the last lower high within the triangle.
target 0.638
risk: 0.5%

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