Olu
Short

NZDUSD: Renko System Is Signalling A Sell

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
73 0 8
Comments on the chart.
While I am live trading this one it is with a reduced trade size as I am still in practice mode with Renko bars.
Comment: Price is still falling. By the way there is a common strategy in Renko where, like in this instance, the market is sold when there is 2 clear closed candles of the opposite color. This is the scenario here.
Comment: Market moved down so idea is still in play
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