Wizard
Short

NZD/USD Exhausted And Going Down To Rest a Bit Or Two

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
NZD/USD             is in a down trending channel and my bias is short (To take a look at the one related idea).
Bases :Bias, Channel, Stochastic RSI

SHORT SETUP

IF price reaches 0.86962
THEN i will go short, and place my tp order at 0.86459, but sl order at 0.87151


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Signls

IF This Stochastic RSI crosses the 80 oversold zone it will be a bearish signal.

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Specifications

R:R (ratio) 1.45
Time about 2h-7h


Thank you all for viewing if you like my stuff and want more you can look at it follow me and like my ideas. And as always wish you to strike it lucky.
Cad news event may not let this idea fulfill, so i closed my position jut now.
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"A good lesson"
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