mrfantano
Short

NZDUSD setting up for a SHORT Opp.

OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
NZDUSD             seems to be running out of steam, we have nice Trendline to test after this bearish impulsive move.

Look for a tiny ABC to break the trend link, should be followed by almost immediate reversal if we are right about this, and continue down at least to retest the daily TL, recently broken.

This gives us a nice R/RW for a short term trade. Low volume could draw out the process, keep an eye.

Use proper RM and SL at all times!

"Trade, don't Gamble"

Good Luck!
Comment: We are appraoching our stops on this trade, better luck next time!
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