MoneyTalks58
Short

NZDUSD Is On The Way Of Strong Down Trend

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
19 1 2
NZD is loosing strength over USD as the other currencies . There is a strong downtrend on 4H chart and now price is around near the important resistence.

Both 2 vertical line examples are overbough areas regarding to RSI and Stochastic . This strategy can mostly useful for this pair nowadays. Last red candle is confirmation for downside movement predictions.

Short Position

Stop Loss: 0,8490

Target: 0,84274
CapnOscar
2 years ago
Possible.. but.. keep watching... Price is trying to back move above Major Trend (Weeks)
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out