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simaluis

SHORT

Short
New Zealand Dollar / U.S. Dollar (OANDA:NZDUSD)  
simaluis  
OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Analysis Chart Patterns NZDUSD kiwidollar
2
0
trendanalysis chartpattern nzdusd kiwidollar
PROS:
1. The price has reached the 3rd swing on a daily chart (Ascending channel).
2. Double-top formation on the weekly timeframe.
3. Structure within the structure (Rising wage within the ascending channel).

CONS: We are shorting a pullback, so have your SL in place. The USD Index is so volatile.
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