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artyomka2000
Jan 28, 2017 3:59 AM

NZDUSD Short Opportunity Short

New Zealand Dollar/U.S. DollarFXCM

Description

Price has formed a big bearish engulfing candle on the daily chart after hitting a very strong trendline. On the 4 hour priced has created a pinbar at the 61.8 fib level and it looks like it will keep going down. I will be selling NZDUSD on a close below the swing low of the fib retracement at 0.7222 which is a very strong S&R level, which will also violate the smaller 4 hour trendline.
Comments
Tanpier
nice set up, positive!
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