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VladimirRibakov
Jul 20, 2017 1:12 PM

NZDUSD Sell Idea Short

NEW ZEALAND DOLLAR / U.S. DOLLARICE

Description

D1 - Price entered the sell zone. We can look for sells as long as top of this sell zone is holding.

H4 - We have false breaks along with divergence and also there is a great trend line.

Don't rush into trades without confirmation as the risk-reward here is fantastic (target 1 0.71, target 2 0.6850)

Wait for good confirmations that the price is ready to reverse. You can use smaller risk than usual.
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