arif_awan
Short

Potential short area!!!

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
103 6 8
strong short from top of the channel.
Comment: last hope for nzdusd.
snapshot

i see break, but looks like false.
so, also wait 0.760 zone.
Reply
arif_awan julia17
you right julia,,,thats nice chart, have to wait today's closing if its above the broken line,,, its gonna be long otherwise its pretty much short. coz it has broken longterm trend line and all other technical indicators pointing short too.
Reply
arif_awan arif_awan
Important divergence of double top!!! looks bearish,
Reply
arif_awan arif_awan
this time distance from the moving averages is way too much than last time which is sign of more sell off and would be nice oppertunity to short if price retrace back to those moving averages coz there is divergence in h1 h4 moving averages which wont let the price go up easily.
Reply
julia17 arif_awan
yeah, need to look daily close today to determine false or not.
Reply
arif_awan julia17
absolutely.
Reply
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