Channel top and angle Short

Euro Fx/New Zealand DollarFXCM

Description

⋅ Mar 17, 2017 2:47 PM

We reached a very long term downward channel and tested it a couple of days ago and rejected. It is also at the 0,25 angle of the fan. I believe this is worth the risk.
I give credit on this to @patelbg2001 who first spotted it.

Trade active

⋅ Mar 27, 2017 11:02 PM

Idea still valid.

Descending Channel FAN