TradingView
RonaldRayForeX
Feb 11, 2017 8:01 PM

NZDUSD Bearish Setup. Short

New Zealand Dollar/U.S. DollarFXCM

Description

Price has been Bearish Since 2014.

2015: Price Broke Key support Area

Price is Now testing Resistance.
3 Tests have Failed (September, November, Last Week.)

The reason For the Short.
- 200 EMA Respected
- 3 Test Failure
- Bearish Engulfing last weeks Candle, (Heavy Strength)

TP : 230 Pips from Current Price
SL: 70 Pips

If TP is met, Half Of position will be Closed and moving Stops to Break Even.
Ill let this one run Forever,

Let me know your thoughts.

Trade active

Trade (bearish Has Been filled)

Trade closed: target reached

More