IvanLabrie
Short

NZDUSD: Clear short at weekly resistance

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
NZDUSD             has an interesting short setup in the making. If we break down from here I could see it retesting the weekly mode at 0.6721, as depicted on chart. You can enter shorts at market with stops above 0.72721, and risk 0.5-1% on it. Add after it moves 1 atr in profit.

Check out my updated track record here: http://pastebin.com/6CyyqnPT

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Cheers!

Ivan Labrie

Link to Tim West's chatroom: https://www.tradingview.com/chat/#c8BzrhGRvXxGXWnJ
We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask.


Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise             directly or indirectly from use of or reliance-0.38% on such information.
Comment: Already good progress confirming momentum. This looks like it'll be a very good move.
Wauw you posted when HOT this time!!!
Reply
Great setups as always
+1 Reply
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