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airstels
Nov 15, 2022 5:51 PM

NZDUSD Sell zone Short

NZD/USDOANDA

Description

Good day everyone! Don't forget to put your thumbs up and write comment if you like the idea.
NZDUSD sales 0.6240 and 0.6280. SL 0.6330. Risk 1%. Sale from monthly and weekly target area. In the week they came for a test of the upper edge of the balance sheet, and in the week for commercial interest for sale. First Target Standard, Global Target Return to Area 0.5900.

DISCLAIMER:
The opinion of the author may not coincide with yours! Keep this in mind and consider in your trading transactions before making a trading decision.

Trade active

Trade active

First Target done
Comments
amrousamir
I agree with you on your idea. and also, I want to add that there are four reasons that NZD/ USD is going short.
1. Broken the bullish trend on the daily chart.
2. Make a momentum day candle below 23.6 Fibonacci.
3. As a price action, duodji candle formed on daily chart on resistance level 0.63506.
4. The monthly and weekly chart is bearish.
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