NZDUSD - Rising Wedge - Short Short
New Zealand Dollar/U.S. DollarFXCM
Description
⋅ 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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