Olu
Short

NZDUSD: Renko System Is Signalling A Sell

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
72 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
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder 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
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out