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Apr 16, 2017 10:24 AM

Gbp/Nzd Short IPM Short

BRITISH POUND / NEW ZEALAND DOLLARICE

Description

W about to close as high test at resistance after 9W up
D high test and confirmation with bearish eng
4H broke ascending wedge, bearish MACD divergence
Pivot entry order

Target at D50EMA due to M bullish bias

Trade closed: stop reached

Comments
Merovincio
yup, got the same view. Planning to trade through the daily 50
tttnmzhaxqkojvornd
@Merovincio, good one. Reason I don't want to push it too far is the Quarterly tweezers bottom and Monthly strength, that can form a Higher Low at some stage
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