Looking at lower levels, good R:R even back to 20sma would be a nice 3:1 trade
Comment:
Not trading this as I do not trade NZ stocks or Indices... but there is a lot of fibonacci confluence there and the pin bar in the zone is a shot across the bow possibly indicating a short term pullback is due
Trade closed: stop reached:
Stell looks bearish, with signs of bearish divergence creeping in