Balazs
Short

NZDUSD - 3 Reasons to Sell

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
94 0 4
It's a good idea to make a "case for entry" any time you consider entering a trade, rather than just closing your eyes and clicking buy or sell because of a "gut instinct". Of course we can still be incorrect, but over time hopefully right more often than wrong.

So here we go, 3 reasons to think about selling:

1. We're at the top of the main trend border anticipating a reversal, riding the next wave down (see image below)
2. We have a developing head and shoulders pattern (also indicating reversal)
3. We also have a smaller time frame (1 hour) double top and potential 2618 setup

snapshot
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out