NZX50 Index Weekly Pin Bar

INDEX:NZD   NZX 50 Index
35 0 2
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
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