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SwissPips

NZD/USD: Selling @ market price

Short
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
SwissPips Updated   
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Analysis Chart Patterns NZDUSD NZD USD short Bearish Patterns SELL trend pattern
12
2
trendanalysis chartpattern nzdusd nzd usd short bearish sell trend pattern
Hi guys,

NZD/USD seems to show some weakness and volumes suggest it could potentially break lower.

Price is below EMA200 and its daily pivot.

I am shorting now at the market and I am targeting 0.60130 which is a fibo level.

*** Trade at your own risk ***
Comment:
*** Adding to my shorts ***
Comment:
Comment:
Volume broke on this candle.

Sell pressure should accelerate from here

snapshot
Comment:
***UPDATE***

The pattern looks actually horizontal. Same target.

snapshot
Comment:
Hoping for a pullback so that I can add some shorts, but It might go straight to the target

snapshot
Trade closed: target reached:
Target hit, I am done for today
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