Fxprotrader
Short

NZDUSD Potential Sell Opportunity

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
After a massive drop, price is testing the lower trendline of a corrective structure. We might see a breakout very soon which will signal a sell setup. If the breakout happens we should wait for a correction and then we may go short.
so nzd went up 0.67 and back.. now your sell stup can work.. but i am still holding my long.. as bullish setup has not been destroyed yet... i am thinking more consolidation and up..
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it has a bullish setup apart from flash impulisve downside.. i firmly believe it will test 0.671 and high... today..
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newbie2016 newbie2016
if not today then in coming sessions.. due to its bullish setup
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Fxprotrader newbie2016
You might be right. But if we have a breakout then we should look for shorts. We have to wait..
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newbie2016 Fxprotrader
good idea is to let nzdusd retrace.. then if bears come then short.. shorting from here i dont find reasonable.. as in any case either it will consolidate alot or will turn up again for retracement..
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Good ! Thanks dude
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Fxprotrader waterman
You are welcome..
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