AEFX786

Short NZDUSD Short Term Based On H4 Time Frame

Short
AEFX786 Updated   
FX_IDC:NZDUSD   New Zealand Dollar / U.S. Dollar
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.

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Trade active:
Was a 100% retracement, which closed with a beautiful exhaust candle where price failed to break and close above the previous rising trendline. A strong down signal.

We are active in this position already and well in profit :)
Comment:
Closed 1 position for 40pips and riding out the pullback.
Comment:
A solid 0.786 retracement complete - will add additional sell positions to this trade.
Trade closed: stop reached

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Disclaimer

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