nadavhurwitz

NZDUSD - Rising Wedge - Short

Short
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
FX:NZDUSD

Rising Wedge formation + false break at the 5th point.
This is in conjunction with a MACD Divergence.

On a 4 hour chart a shooting star reversal candle is present.

Short at 0.77017
Stop Loss at 0.7036

Take profit at support/resistance along the way.

This trade idea supports my larger active trade shorting the NZDUSD based on a harmonic pattern - Linked below


Good Luck & Happy Trading!
Trade closed: stop reached

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